Money lessons

Filed under: Work Life, Places To Go, Media, Day Care & Education

Growing up, we never had much money. Allowance was something my parents were okay with in theory, but in practice it was something we rarely saw. So I never really learned much about handling money until I was an adult. I'm still not what you'd call savvy about financial matters, though. Impulse buying, comfort shopping, the desire for instant gratification -- these are all things I know well.

Other than a mortgage, however, we're pretty much debt free (thanks to Rachel's expert money management) and I want to avoid my kids ending up the way I did when I was younger -- making money but with nothing to show for it other than a recording studio, colonial coin collection, and hundreds of CD's. Not that I want them to live a live of austerity, mind you, but I want them to make wise choices. I want them to save for their future as well as enjoying the moment.

So I think these tips from Zen Habits are pretty interesting. The note about impulse buying, for example, is important. Jared and Sara are both pretty good about not asking for things in stores, but they're by no means perfect. Since that's one of my weaknesses as well, I want to make sure they understand it.

I know I will be mulling these lessons over and working them into our lives. After all, as my father used to say, I want them to be able to support me in the style to which I'd like to become accustomed.
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AdviceMama Says:
Start by teaching him that it is safe to do so.
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As AOL continues to grow and evolve we are taking necessary actions to ensure our efforts and resources are
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