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“The bank of mom and dad”. It’s a phrase we hear often, especially when talking about housing affordability. But behind the headlines is a more complicated and often uncomfortable reality about family wealth and financial support. In this episode of Moolala: Money Made Simple, Lindsey Stanberry, founder of The Purse, joins Bruce Sellery from New York to unpack why financial help from parents is so common and why it’s still so taboo to talk about. We explore: 👉What a “boomer lifestyle subsidy” looks like beyond just a home down payment 👉Why conversations about family financial support can feel uncomfortable or hidden 👉How common it is for adults to receive financial help from their parents 👉The myth of the “self-made” success story 👉How life-changing parental support can be over time 👉The emotional and social challenges of talking about money and privilege 👉Ways to start more open, honest conversations about money with friends and family This episode dives into the intersection of money, privilege, and transparency and why talking about it matters more than ever. Listen to more Moolala episodes: 🎙️Spotify: https://open.spotify.com/show/0Laaa1q... 🎙️Apple Podcasts: https://podcasts.apple.com/ca/podcast... ------------------------------------------------------------------------------------------------------------------------- bank of mom and dad, parental financial support, Lindsey Stanberry The Purse, family wealth conversations, housing affordability Canada, financial privilege discussion, self-made myth money, intergenerational wealth Canada, money and relationships, Bruce Sellery Moolala #BankOfMomAndDad #FamilyWealth #MoneyConversations #FinancialTransparency #HousingAffordability #MoneyMindset #PersonalFinance #WealthGap #MoolalaPodcast