Generational Wealth – Wealth on the Move

Narrative Wins: How Personal Stories Shape Financial Decisions w/ Joe Caruso & Shawn Mahoney, PhD | Episode 45

By Wealth on the Move | March 5, 2026

Summary: In this episode of Wealth on the Move, host Will Hoffman engages with Joe Caruso and Dr. Shawn Mahoney, co-authors of the book ‘Narrative Wins!’. They explore the profound impact of personal narratives on financial success and decision-making. The conversation delves into how the stories we tell ourselves shape our behaviors, particularly in the context of money, and emphasizes the importance of understanding and re-contextualizing these narratives to foster better financial outcomes. The discussion also highlights the role of fear and greed in financial decisions and the significance of client relationships in wealth management. In this conversation, the speakers delve into the intricate relationship between trust, personal narratives, and financial decision-making. They explore how trust is built and the impact of scarcity versus abundance mindsets on financial behaviors. The discussion highlights the psychological ties between love and money, the importance of understanding personal narratives, and the role of AI in enhancing financial advisory services. The speakers emphasize the need for self-awareness and the ability to shift narratives to foster better financial outcomes.

Resources:

Takeaways:

The personal narrative is foundational to our identity.
Successful individuals often have healthier narratives than those who struggle.
Curiosity and awareness are crucial in understanding our narratives.
Fear and greed are the two primary emotions influencing financial decisions.
Contextualizing financial fears can lead to better decision-making.
Personal narratives can evolve over time based on experiences.
Client conversations should focus on understanding their narratives.
The stories we tell ourselves can either empower or hinder us.
Awareness of our narratives is the first step to change.
It’s essential to remember that financial management is about people, not just money. Trust is fundamental in relationships and must be earned.
Scarcity mindset can lead to neurotic behaviors and poor financial decisions.
Understanding personal narratives is crucial for self-awareness.
Rationality in financial decisions is often clouded by fear and emotions.
AI can enhance financial advisory but cannot replace human connection.
Generational perspectives shape our views on money and wealth.
Narratives influence how we perceive wealth and success.
Shifting one’s narrative can lead to better financial outcomes.
Identifying disruptive narratives is key to improving financial habits.
Listening and understanding clients’ narratives is essential for advisors.

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How to Teach Kids About Money (Financial Literacy, Allowance & Investing for Children) with Maya Corbic, CPA (Episode 39)

By Wealth on the Move | January 8, 2026

Summary: In this episode of Wealth on the Move, host Will Hoffman and guest Maya Corbic discuss the critical importance of teaching financial literacy to children. They explore Maya’s journey as a first-generation immigrant and CPA, her insights on how to engage kids in financial conversations, and practical tips for parents to instill money management skills in their children. The conversation also addresses common myths about kids and money, the role of technology in financial education, and the importance of creating financially confident adults for future generations.

Resources:

Takeaways:

Teaching kids about money is essential for their future.
Parents often know more than they think and can teach their kids.
Financial literacy should start as early as age four or five.
Kids can understand the difference between needs and wants.
Engaging kids with relatable examples makes learning fun.
Allowance should be viewed as a tool for teaching money management.
Mistakes made with money should happen when stakes are low.
Generational wealth can be changed through education.
Schools often lack the resources to teach financial literacy effectively.
Financial confidence comes from understanding and practice.

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Maya Corbic, CPA, CA and Teach Kids Money Club are not affiliated with Hoffman Wealth Management and Private Advisor Group.

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Welcome to Wealth on the Move- A Podcast with Will Hoffman on Keeping Your Wealth In Motion: Meet the Hosts

By Wealth on the Move | October 10, 2024

In the first ever episode of Wealth on the Move, hosts Will Hoffman and Brynn Tarbuck discuss the transition from Will’s previous podcast format to a new focus on wealth management for busy families and active retirees. They emphasize the importance of client-centric financial advice, the evolution of the wealth management industry, and the role of technology in enhancing client interactions. The conversation also touches on personal insights, future aspirations, and a light-hearted rapid-fire question segment that reveals more about the hosts’ personalities.

Takeaways

Wealth on the Move focuses on busy families and active retirees.
Client-centric wealth management is crucial for success.
The evolution of the wealth management industry has improved client outcomes.
Technology allows for more flexible client interactions.
Personal experiences shape the approach to wealth management.
Building relationships with clients is key to effective financial advice.
The podcast aims to simplify financial concepts for listeners.
Understanding clients’ goals is essential for effective planning.
The hosts share personal anecdotes to connect with the audience.
Continuous learning and adaptation are vital in the financial industry.

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