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Parental Financial Socialization


“Parental financial socialization” is an ominous-sounding term that basically describes parents who freely and openly discuss money matters with their children. Parents can have a tremendous influence on how children value and manage money, and those values are often carried over into adulthood.

Parents who assist an adult child financially can cause dependency issues, while parents with fewer financial resources to help often find that their children learn more quickly to become financially independent.

Knowing when to start and stop giving children monetary pointers can be tricky. When parents share too much financial information with children who are too young to process the information, it’s called “financial enmeshment.” This can cause children to feel anxiety.

The important takeaway is that how we conduct our financial lives and the way we talk about them in front of our children can impact their lives, even through adulthood. 

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Danielle Christensen


Danielle is dedicated to serving clients to achieve their retirement goals. As a Paraplanner, Danielle helps the advisors with the administrative side of preparing and documenting meetings. She is a graduate of the College of St. Benedict, with a degree in Business Administration and began working with Secured Retirement in May of 2023.

Danielle is a lifelong Minnesotan and currently resides in Farmington with her boyfriend and their senior rescue pittie/American Bulldog mix, Tukka.  In her free time, Danielle enjoys attending concerts and traveling. She is also an avid fan of the Minnesota Wild and loves to be at as many games as possible during the season!