Hosted by: Kurt Elmhorst

In this episode, Jimmy and his family reflect on the lessons that shaped five generations of wise decision-making and financial stewardship. From first jobs to the sacrifices of grandparents, they explore how ethics, faith, and the value of hard work have been handed down. Jason and Kelsey share personal stories of how being raised in a values-driven household helped them build strong families and set themselves up for financial success. The episode also touches on timeless principles, such as understanding “cheap dollars vs. dear dollars” and the importance of thoughtful retirement planning. It’s a powerful look at legacy, character, and passing on what matters most.

In this episode we cover:

Jimmy gives a thumbnail of who he is and what he does (2:20)
How it was for Jason to grow up with Jimmy’s lessons (7:22)
What Jimmy learned from the older generations (9:50)
Things Jimmy learned from his parents (12:15)
The correlation between working hard and success (14:40)
Kelsey shares her grandparents’ sacrifices (15:29)
How Jason set himself up for a successful retirement (18:19)
Jason talks more about his wife staying home with the children and not working (20:31)
Kelsey shares the lessons she learned from her mother, who was home rasing her and her siblings (22:84)
Cheap Dollars vs Dear Dollars (26:01)
Kurt’s story about his first job (32:58)
The next generation is taking over (35:11)

Links From the Show:

Allen & Company

Multigenerational Wealth Definition

Roth IRA

Connect with:

Kurt Elmhorst – MBA, CFP® Sr. Vice President, Financial Advisor
Kurt Elmhorst – Allen & Company
LinkedIn – Kurt Elmhorst

Kelsey Elmhorst Wesche – Allen & Company
Client Service Associate

The opinions voiced in this program are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult an appropriate qualified professional prior to making a decision.