Talking to Kids About College Costs and Money Mindset with Joyce Marter, LCPC, CSP® (Ep. 87)
Paying for college can bring up pressure, guilt, fear, and big family questions long before a tuition bill arrives.
How can families talk about money in a healthier way, set expectations early, and help young adults build confidence instead of confusion?
In this episode, Nicole Romito talks with Joyce Marter, LCPC, CSP®, licensed psychotherapist, keynote speaker, and author of The Financial Mindset Fix, about how parents can approach college planning with honesty and clarity. They explore how emotions, family history, relationship dynamics, and financial literacy all shape these decisions. Joyce shares practical ways to set expectations, involve kids in the process, and build independence through shared responsibility, scholarships, work, and open conversations.
Key takeaways:
- Why college money talks should start early, before campus visits, so expectations are realistic and less emotional
- How parents can address guilt, shame, and pressure before discussing college costs with their children
- Why kids benefit from having responsibility through work, scholarships, and contributing to college expenses
- How family dynamics, divorce, and differing money beliefs can complicate college planning conversations
- Why financial literacy and emotional awareness help young adults build pride, ownership, and independence
- And more!
Resources:
Connect with Nicole Romito:
Connect with Joyce Marter:
About Our Guest:
Internationally renowned mental health thought leader and financial mindset expert, Joyce Marter, considers it her life’s purpose to spread the Mental Wealth; to remove the shame and stigma from both mental health and financial stress and provide a global audience with practical strategies and tools to heal, recover, thrive and prosper.
Joyce enjoys travel and has visited over 20 countries, with Thailand, Turkey and Ukraine being some of her favorites. She welcomes opportunities to travel internationally to speak at large conferences or events. While she only speaks English, she has experience collaborating with a translator during her talks.
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