Friday, June 24, 2016

Teaching Our Kids About Financial Responsibility


Recently I had a conversation with our 14 year old daughter about money. It’s not the first one we’ve had but this time was different. Why? Because I ended up getting upset with her. So what happened? Here goes:
She has been saving her allowance. And sometimes she gets money from different relatives. So that day, I just casually asked how much money she has saved. She said, “None.” I said, “Are you kidding? What happened?” Then she started to explain. In frustration, I just cut her off and didn’t even listen to all she had to say.

That’s probably not the best approach – to ask your child a legitimate question, only to cut her off while she’s answering. But here’s my issue: we have been talking about money – the do’s and don’ts - like budgeting, saving, spending. And what did she do? She spent it all!

She just completed her freshman year in high school. Soon she’ll be off to college. And after that, comes the real world. Unless we give her the right lessons at this juncture, she might learn the hard way the importance of managing money carefully. She told me a few months ago that she wants a bank account with her own debit card. I promised her that, if she demonstrates that she can handle the responsibility of managing the money she gets now, then we can do that. The recent spending spree that she went on tells me that she’s not quite ready yet. So back to the drawing board we go.

Now, I know as adults, sometimes we spend more money than we should – more than we want to. I understand life situations arise. But she’s 14 and a fulltime student. She has no life real obligations that would cause her to spend anything on a monthly basis. Any money she gets is purely for her pleasure – a little shopping, a little eating or whatever she wants to do.

I eventually listened to her tell me she did some shopping and got some things she’d been wanting to get for some time. I told her I have no problem with her getting things she had wanted. But we had a deal and she didn’t keep her end of the bargain.

You see, I have had my own financial issues and I am determined to teach my 3 kids about money management from a theoretical standpoint. Then I want to give them the opportunity to put these concepts into practice as they grow. My wife and I have 2 young sons – a 2 ½ year old and a 7 month old. So for now, the lessons are all directed to our teen daughter.

When I was growing up, my parents did speak with my siblings and me about money but more in a general sense. As I became an adult, I began to realize that I needed a bit more. I started working and earning my own money while in high school and that continued through college. I spent what I earned on things I wanted; my needs were taken care of by my parents.

When I graduated from my university studies and became a professional, I started earning much more money than before. At the same time, I became an independent, working adult, responsible for paying his own bills. That’s a whole new ballgame altogether.

It’s one thing to earn spending money when your parents are responsible for your care; it’s a different thing when you are responsible for every penny that comes into or goes out of your household. I learned, in a hurry, that a nice paycheck can come and go in a flash. I didn’t go about spending money unnecessarily; I just didn’t live by a budget. I figured that, as long as I could pay my rent, car note, credit card bills, college loans, grocery bills and other monthly obligations, I was fine.

I didn’t think about doing a bank reconciliation to ensure that I know what checks are outstanding at a given time. I didn’t think about saving. There was little thought about planning for tomorrow because I was so busy trying to live for each day.

Before I knew it, a few years went by and, for the most part, I was like a runner on a treadmill – doing a lot of activity but not really going anywhere. If I wanted to buy something and didn’t have the money readily available, I’d put it on a credit card and voila – I had it! No thought about whether or not I could afford it. That was just my approach.

There came a point where I realized that instead of managing money and putting it to work for me, it was managing me. Without employing a proactive approach to handling finances, I seemed to always find myself with too much month left after the money I earned that month was gone. Without going too much into the details of that chapter of my life, I’ll just say that I learned some tough lessons about the importance of handling finances. I set out to change my situation so that I could begin seeing different results.

Establishing a budget was one of the first things I did. It’s good to put on paper what you earn and what you’re obligated to spend and what you can exercise discretion in spending. Learning to save and invest is also an important part of this process. It’s something I have learned and am still learning. But more importantly, I have been putting what I have learned into practice and I’m finding more and more, that the principles of managing finances do work.

My kids mean the world to me. As they grow and develop I want them to learn the importance of handling finances. I teach our daughter that, when she gets money, she is to set some aside for savings; then she is to give some away – in our case, to church. Then she can buy things that she needs or even wants. But all of this is to be done with a well-thought out, proactive approach.

I know that the weekend before our conversation I referred to above, she went out with her cousins and they did a little shopping – well, a lot of shopping. She ended up getting things she didn’t plan to get, paying more than she planned to pay and when all was said and done, she came home with some nice things, but the money was gone – no savings, nothing given away. And I’m sure that if I was to look at what she paid for the things she got, I would see that she overpaid for some items. Or at the very least, she got items that, though they may have been good buys, were out of her budget.

I believe that we live in a society that encourages us to be impulsive spenders. We’re bombarded with ads for items that we don’t really need; we’re encouraged to get credit cards to get items that we want, just to satisfy some desire that was initiated in crafty ways by advertisers. And of course there’s the peer-pressure issue that causes our kids to think they need to have what everyone else has.

So as responsible parents, I believe that we have the obligation to counteract what our kids might hear from their friends or from advertisers. The truth is that they can accomplish just about anything they desire. And they can acquire things that they dream about. But it takes planning, discipline and self-control to make it happen.

Parenting is no walk in the park. But we’re preparing the next generation to take over the world as we get older. Money management is a key lesson for them to learn in order to live accomplished, balanced lives. Let us encourage them to be wise in how they handle this precious resource so that they can see their goals and dreams come to fruition.

Do enjoy your day.




The Upbeat Dad



20 comments:

  1. I promised her that, if she demonstrates 90 day payday loans that she can handle the responsibility of managing the money she gets now, then we can do that.

    ReplyDelete
    Replies
    1. I wake up everyday with a smile on my face and singing praises to this powerful spell caster called Dr,Okaya who has done me a great favor by rescuing my relationship from break up. I used to think that i have a perfect relationship till when my lover started coming home late and everyday he gives me different excuses then i decided to keep a close eye on him then i discovers that he was having an affair with another Woman, I was heart broken because i trusted him so much and knowing that he has a secret relationship, hurts me a lot.. But i thank all those who placed the contact information of Dr,Okaya on the internet because through that i have been able to contact Dr, and today my relationship has been restored with love and more Respect than ever before. If you are in any kind of relationship or marriage stress i will do you a favor by dropping the contact information's of Dr,Okaya which are via email: OKAYASPELLHELP@GMAIL.COM ... OR call Him on his number +270814506790

      Delete
    2. WORDS ARE NOT ENOUGH TO THANK THE MOST POWERFUL FEMALE SPELL CASTER IN THE WORLD FOR BRING BACK MY BOYFRIEND TO ME MAY YOUR NAME AND THAT OF YOUR GODDESS CONTINUALLY BE PRAISED DR OWELLE
      HOW TO GET YOUR EX BACK WITHOUT PANIC
      I am OLSEN LISA from NORWAY. i want to testify about powerful Dr Owelle for saving my relationship.I must be one of the few who don’t have a trouble showing and telling someone how grateful I am for making my relationship a melodious and smooth relationship. I have been trying to be more positive about my relationship with my boyfriend, it seems like it has taken forever. Another lady took my Fiancee away from me and they both relocated. i cried and searched for him to come back but he refused to take my calls nor return my messages. My friend introduced me to a female powerful spell caster called Dr Owelle who helped me cast a very powerful love spell that brought back my Fiancee in 24 hours. i was amazed and surprised when my fiancee called to beg me for forgiveness all because of the powerful love spell of Dr Owelle. dont fail to Contact Dr Owelle through the following means because i never belivered a female can possess such powers like her if you have any Marrital or Relationship problem. his contact information are below

      EMAIL ADDRESS---ODINANISOLUTIONCENTRE@YAHOO.COM (OR) ODINANISOLUTIONCNTRE@GMAIL.COM
      WEBSITE.....http://odinanisolutioncentre.webs.com/
      WHATSAPP NUMBER---+1 (631) 800-5310

      Delete
    3. HOW I GOT MY MAN BACK
      i just want to start this way by giving a huge thanks to this man DR. UGO ANDREW for what he has just done in my life and my family . At first i thought it won,t work because many has failed me before but on a second thought i said let me just try and to my best surprise Harris my husband that said and insist he has nothing to do with me and my family again called me immediately this great man DR. UGO ANDREW of generalspelltemple@gmail.com cast a love spell on him and started begging for forgiveness. Well i love him so much and at once i accepted him back and today we are both living in pace and harmony, all the glory is to this man DR. UGO ANDREW of generalspelltemple@gmail.com DOC I THANK YOU once again for you are worthy of all the praise and thanks. forever am grateful and shall ever be to you . i also want to say if you are out there passing through any relationship issues you can contact him today and i strongly believe he will also help you out. once again you can contact him through the following way

      Email Address: generalspelltemple@gmail.com

      WhatsApp Number: +1 (518)855-8371




      HOW I GOT MY MAN BACK
      i just want to start this way by giving a huge thanks to this man DR. UGO ANDREW for what he has just done in my life and my family . At first i thought it won,t work because many has failed me before but on a second thought i said let me just try and to my best surprise Harris my husband that said and insist he has nothing to do with me and my family again called me immediately this great man DR. UGO ANDREW of generalspelltemple@gmail.com cast a love spell on him and started begging for forgiveness. Well i love him so much and at once i accepted him back and today we are both living in pace and harmony, all the glory is to this man DR. UGO ANDREW of generalspelltemple@gmail.com DOC I THANK YOU once again for you are worthy of all the praise and thanks. forever am grateful and shall ever be to you . i also want to say if you are out there passing through any relationship issues you can contact him today and i strongly believe he will also help you out. once again you can contact him through the following way

      Email Address: generalspelltemple@gmail.com

      WhatsApp Number: +1 (518)855-8371

      Delete
  2. I said, “Are you kidding? What happened?” Then she started to explain. In frustration, I just cut her off and didn’t even listen to all she had to say. financial planning india

    ReplyDelete
  3. My son is 11 and we've set up a bank account for him with £10 per week which is his pocket money for good behaviour and household chores. He must buy everything except school items from this, so toiletries, clothes, sweets, trips to cinema with his friends etc. This is working really well.

    ReplyDelete
  4. Thank you for your miracle Doctor Osemu Okpamen

    This article is dedicated to the Doctor Osemu Okpamen. I have been married with my wife for 5 years and recently she broke up with me and it hurt me deeply when she told me to leave her alone and that she does not love me anymore when i was always faithful and honest to her. I tried all the ways to get her back buying her what she wants like i always did and she still left me heart broken and she even has a new boyfriend which destroyed me even more until a friend of mine from high school directed me to this genuine spell Doctor called Osemu Okpamen. This man changed my life completely. I followed everything he told me to do and my wife came back begging for me back. I was stunned everything happened exactly like he told me. I had faith in everything he told me and everything was true. Also he was there every moment until i got my happiness back and he also provides spells that cures impotence, barreness, diseases such as HIV/AID E.T.C You can contact him via email at { Doctorokpamenspelltemple@yahoo.com } or visit his website http://www.doctorokpamenspells.com or reach him on +1 (914)-517-3229. He will help you in anything you need and quick to answer once you contact him.

    ReplyDelete
  5. Wow i never thought i will happy in my life ever again, i want you all to thank DR OGUDUGU of GREATOGUDUGU@GMAIL.COM, he is a father that takes care of his children the spell caster of our time, he has saved me from a very ugly situation that almost made my life miserable and i want you all to thank him for me,my husband and i have be married for so many years now with children and the relationship was being threatened by a small girl in his working place,she was almost destroying my home i met so many spell casters but to no avail until i met a friend who came from africa and she told me about DR OGUDUGU, and i decided to contact him and try him out as i was losing faith in all spell casters, but he told not to worry that now am in his temple everything will be alright he assured me 100% that his spell has no side effects and that it will work straight and save my home and my marriage and after he has performed the sacrifices and casted the spell, my husband came back to us with love and affection and he loved us more and more and he never looked back or none did his love for me waiver, if you are also experiencing this sort of your situation in your home, if your husband is drifting away, if you are experiencing a broken home or you have lost your husband to a young woman outside there then look no further help is here as GREATOGUDUGU@GMAIL.COM is ready to help you out okay for any of your problem is it financial needs, revenge spell,Hiv cure, job spell, promotion spell what kind of spell do you need DR OGUDUGU is going to solve it for you okay i have promised him to always talk of his good works to the world in general and to any body who cares to listen, you can email him on his personal email on GREATOGUDUGU@GMAIL.COM or his website @ www.greatdrogudugusolutiontemple.webs.com and he will attend to you as soon as possible okay once again his email is GREATOGUDUGU@GMAIL.COM.

    ReplyDelete
  6. I wake up everyday with a smile on my face and singing praises to this powerful spell caster called Dr,Okaya who has done me a great favor by rescuing my relationship from break up. I used to think that i have a perfect relationship till when my lover started coming home late and everyday he gives me different excuses then i decided to keep a close eye on him then i discovers that he was having an affair with another Woman, I was heart broken because i trusted him so much and knowing that he has a secret relationship, hurts me a lot.. But i thank all those who placed the contact information of Dr,Okaya on the internet because through that i have been able to contact Dr, and today my relationship has been restored with love and more Respect than ever before. If you are in any kind of relationship or marriage stress i will do you a favor by dropping the contact information's of Dr,Okaya which are via email: OKAYASPELLHELP@GMAIL.COM ... OR call Him on his number +270814506790

    ReplyDelete
  7. This article is dedicated to the Doctor Osemu Okpamen. I have been married with my wife for 5 years and recently she broke up with me and it hurt me deeply when she told me to leave her alone and that she does not love me anymore when i was always faithful and honest to her. I tried all the ways to get her back buying her what she wants like i always did and she still left me heart broken and she even has a new boyfriend which destroyed me even more until a friend of mine from high school directed me to this genuine spell Doctor called Osemu Okpamen. This man changed my life completely. I followed everything he told me to do and my wife came back begging for me back. I was stunned everything happened exactly like he told me. I had faith in everything he told me and everything was true. Also he was there every moment until i got my happiness back and he also provides spells that cures impotence, bareness, diseases such as HIV/AID E.T.C You can contact him via email at { Doctorokpamenspelltemple@yahoo.com } or visit his website http://www.doctorokpamenspells.com. He will help you in anything you need and quick to answer once you contact him or call me for more info +1 (914)-517-3229.

    ReplyDelete
  8. Hey!I was in a relationship for quite along time almost 7 years, he cheated with a girl almost 11 years younger than him I took him back because I love him so much. He promised me the world never to leave me never to let me go to make me happy and to make it up to me everyday. 7 weeks later he has broke up with me after a few arguments .. he told me he can’t do it that I’ve ruined everything I deserve it all I’ve treated him bad he gave up his job overseas but he only gave it a week afrer he quit. he has left me in bits and is 1 week later out with other girls please help I don’t know what to do he is telling me he will never ever get back its over and he will never give it a go I have begged and I don’t know why I don’t no why he has done this to me I feel so lifeless… one day in my office going through the internet i saw a post of a lady giving testimony on how she got her husband back,i also come across a blog site on how to reunite and get your ex back with a love spell it was really amazing to see this so i copy his email id on http://happyspelltemple.webs.com/ i explain my situation to him and gave him all the details he requested from me, he give me 3 days assurance that my boyfriend will come back after the spell i was so overwal to hear that so i just keep calm and follow up his order coz i really love my boyfriend and want him back. on the third day after the spell as he promise me, my ex call me also show up in my office begging me to forgive him and accept him back with out no delay, i lift him up with a kiss and was so very happy to have him back all my happiness was from Dr happy he is indeed a true man a father and a god sent. plz contact Dr happy on his email id direct at happylovespell2@gmail.com or call his mobile number on +2348133873774

    ReplyDelete
  9. Hey guys, Get your ex back fast with the help of a real and genuine spell caster called Dr.Unity.
    I'm so excited my broken Marriage has been restored and my husband is back after a breakup, After 2 years of marriage, me and my husband has been into one quarrel or the other until he finally left me and moved to California to be with another woman. i felt my life was over and my kids thought they would never see their father again. i tried to be strong just for the kids but i could not control the pains that torments my heart, my heart was filled with sorrows and pains because i was really in love with my husband. Every day and night i think of him and always wish he would come back to me, I was really upset and i needed help, so i searched for help online and I came across a website that suggested that Dr Unity can help get ex back fast. So, I felt I should give him a try. I contacted him and he told me what to do and i did it then he did a (Love spell) for me. 28 hours later, my husband really called me and told me that he miss me and the kids so much, So Amazing!! So that was how he came back that same day,with lots of love and joy,and he apologized for his mistake,and for the pain he caused me and the kids. Then from that day,our Marriage was now stronger than how it were before,All thanks to Dr Unity. he is so powerful and i decided to share my story on the internet that Dr Unity real and powerful spell caster who i will always pray to live long to help his children in the time of trouble, if you are here and you need your Ex back or your husband moved to another woman, do not cry anymore, contact this powerful spell caster now. Here’s his contact: Email him at: Unityspelltemple@gmail.com ,
    you can also call him or add him on Whats-app: +2348071622464 ,
    his website:http://unityspelltemple.yolasite.com .
    Jessica, 26 years, Texas, USA.

    ReplyDelete
  10. This is certainly a shocking and a genuine Testimony. I visited a forum here on the internet on the 8TH OF APRIL 2017, And I saw a marvelous testimony of this powerful great spell caster called DR Omoluyi on the forum. I never believed it, because I've never heard nor learnt anything about magic before. Not a soul would have been able to influence me about spells, not until i visited ( doctoromoluyispelltemple@gmail.com ) and behold he did it for me and restored my marriage of 6 years back to me and brought my spouse back to me within 12 to 16 hours just as I have read on the forum.. I was truly astonished and shocked when my husband knelt down begging me for forgiveness to accept him back. I am really short of expressions, and I don't know how much to convey my appreciation to you DR Omoluyi, you are a God sent to me and my entire family. Visit him today via Email and Website on ( doctoromoluyispelltemple@gmail.com ) or [ http://www.doctorokpamenspells.com ]. Am Lori Dante by name.

    ReplyDelete
  11. My boyfriend broke up with me exactly three weeks ago. We had dated very seriously for almost 8 months. We had even discussed marriage and our lives together in the future. I'm feeling confident in myself and happy but I still miss him and want him back. I'm worried that if I wait too long, he will move on to someone else. I've been doing a lot of things to change my life including working out, working on selling my car, changing my career, not playing video games, etc. he broke up with me and removed me from ALL social media platforms, so I know she is trying to move on. I guess my biggest mistake of letting him go away i really love him and i will by any chance do any thing to get him back coz he mean the whole world to me. so one day going through the internet i came across a wonderful testimony comment on how to get ex back, win a lotto game, how to get pregnant and so on i was so excited coz i have be waiting so long to have my boyfriend back so i email this man, not just a man but a real spell caster who i explain all my problem and situation to, and he gave me his full reassurance that my boyfriend will be back just 48 hours after his spell i never believe him coz i have fall so many victim of fake spell caster who took all my money so i said to me self if you love some one and there and desperate to have him or her back, them you will be ready to face any challenges that comes your way, to short my story as he promise me, my boyfriend who never take my calls or reply my message call me up, apology, and beg for all he done to me and also pleased for me to accept him back and i was so very much happy to have my boyfriend back and now we are planing on how to get married soon thank to you Dr happy you made my year and my dream life come through if you need help plz contact Dr happy on http://happyspelltemple.webs.com/ for more details email.....happylovespell2@gmail.com or add him on whats-app +2348133873774

    ReplyDelete
  12. Hi Everyone
    My mind, for some reason, wont let go of the memory of My Wife. I had a very big problem with my wife few months ago, that lead to her leaving me. All efforts to get her back proved abortive. one day while going through the internet i saw so many testimony of this great man called Dr.Goodluck and how he helped people with all kinds of problem, his advert was everywhere,. Although I never believed in spell casting, but I had no choice than to give him a try so i contacted Him, I was so desperate to have my wife back with me once again. So I did all he told me to do. He told me that my wife will come back to me in the next 17hours after the spell is completed. I was skeptical. He casted the spell for me and i was so anxious waiting to see or hear from her, it was just 14hours after the spell was done my wife called and said she was coming HOME and she was asking for forgiveness for her ever hurting me before…..It was a dream come through for me!!! that was how my family and relationship was save and our relationship is now stronger than ever.my advice to you out there facing same problem or even worst then mine cry no more and contact this great man called Dr Goodluck He is capable of handling any kind of problem.
    Contact him with his Email him at: goodluck05spellcaster@gmail.com
    Call or Whats-app him: +2348138654465
    website http://drgoodluck.simplesite.com or http://lovespelltogetyourexback.weebly.com

    ReplyDelete
  13. I never believed i would be healed someday.This disease started circulate all over my body and i have been taking treatment from my doctor, few weeks ago i came on to search the internet if i could get any information concerning the prevention of this disease, on my search i saw a testimony of someone who has been healed from (HARPS and other from ALS) by this Man DR.OKABEN and she also gave the email address of this man and advise we should contact him for any sickness that he would be of help, so i wrote to dr.okabenherbalspell@gmail.com telling him about my (Hepatitis B and Skin Tag) he told me not to worry that i was going to be cured!! hmm i never believed it, well after all the procedures and remedy given to me by this man few weeks later i started experiencing changes all over me, so i went to my Doctor for test again, when the result came out, behold i was totally free from the Hepatitis B as the Doctor OKABEN assured me, So friends my advise is if you have such disease or virus like HSV, HPV, HBV,MNA, ALS Cancer or any other at all you can email DR.OKABEN Name: DR. OKABEN Email: dr.okabenherbalspell@gmail.com Tell: call +2349029519146 Whatsapp: +2349029519146

    ReplyDelete
  14. After 14 years of marriage with my wife, She left me with our 2 kids. And I felt like my life was about to end, because everything was falling apart. I contacted Dr

    Eddy which i did explained my problem to him. and he was the only one who could console me and assured me that everything was going to be over after he has done the

    spell for me In just 48 hours of his spell. miraculous! my wife came out of the blue and called me to tell me how much he loved me, and she did apologized for all the

    pain she had made me and the kids to go through. Now we are even happier than we were before. Thank you Dr Eddy your spells are the best. I really appreciate the love

    spell you did for me to get the woman back to my life i will keep sharing more testimonies to people about your good work. Thank you once again Dr Eddy for helping me,

    i'm so pleased with your services. you can get through to him directly on his Telephone number: +23408160830324. also on his email: dreddyspiritualtemple@gmail.com.
    Raymond Carl

    ReplyDelete
  15. Why could my Husband not be loyal to me, respect me as his wife, love me and only me without breaking our marriage vows? My Husband’s behaviors caused me to think maybe we were not meant to be together. It hurts to the bone when your life partner turns against you, making you sad instead of being your motivator, always engaging you in constant argument and confusion with the kids. The worst is him being unfaithful, seeing other women is like stabbing you in the back. My better half caused me so much pain for over 2years and 4months, we reassembly separated like 6weeks because his continuous reckless behavior became unbearable. I searched for permanent solution to get him back to us both physical and spiritual throughout the entire 6weeks. I was lucky to have Dr. Wakina (dr.wakinalovetemple@gmail.com) handle my case after reading alot of his spell stories. “Can you help me get my Husband back” was the request I made and the rest is history. My marital home is even better since the love spell changed and brought back my Husband. Dr. Wakina made me believe in second chance.

    ReplyDelete
  16. Hello my name is Collins Guzman from London i know a renowned spell caster who helped me when i had problems in my marriage with my Wife. If you need a right place to solve your relationship problems contact DR.OGUDUGU TEMPLE on: ( GREATOGUDUGU@GMAIL.COM ) OR WHATSAPP +2348139793075 he is the right choice, he is a great man that has ever been.

    ReplyDelete
  17. My name is Lesa Manuel am from uk I am out here to spread this good news to the entire world on how I got my husband back.I was going crazy when my husband left me and my two kids for another woman last month, But when i met a friend that introduced me to Dr Osuko of temple of grace, the great messenger to the oracle. I narrated my problem to him about how my Husband left me and my two kids.He only said to me that i have come to the right place were i will be getting my heart desire without any delay .He told me what i need to do,After it was been done 3 day later,My Husband called me on the phone and was saying sorry for living me and the kids before now and one week after my Husband called me to be pleading for forgiveness.I am so happy and overwhelmed that i have to tell this to the entire world to contact Dr Osuko on his personal email address and get all your problem solved.No problem is too big for him to solve..Contact him directly on: osukospelltemple@gmail.com and your problem will be solved.can email him on his email address: osukospelltemple@gmail.com

    ReplyDelete