“Dad, I need a car….” Those words open up a really important topic in today’s fast paced world. Every teenager can’t wait to turn sixteen and be able to get a learner’s permit, the first step toward automotive autonomy. But that’s only the beginning….
This blog will help parents and young adults understand their relationship with money and learn how to be financially free. This blog has nothing to do with accumulating wealth, but everything to do with helping young adults understand the value of money.
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Affording kids… hmm… Do those two words really even go together?
A wise man told me when I was just starting out: You will never be able to afford to have kids. Since then, it has become very clear that he was partly correct. I say partly, because he didn’t go far enough.
Teenagers ask the darndest questions. As my son starts to figure out life and money, he has a ton of questions. “Am I Financially Dumb because I do not understand how to manage my money?”
Personal finance and understanding your relationship with money, on the surface, seems like common sense.
Being financially is probably the pinnacle of most peoples lives….but it has nothing to do with having lots of money. It is not an event.
What an awesome feeling it must be to achieve financial freedom. I wonder if you scream from the rooftops that you are financially free. How do you measure being financially free?
Unfortunately there is no measurement. There are no announcements. In fact, people who are financially free, don’t even know that they are. Weird!
There is no better feeling in the world than having succeeded at some large goal. That moment when you send in your last mortgage payment? Magic!
That day when you sign the papers to get your first book published? Unparalleled!
That day you managed that ten minute or eight minute or six minute mile? Incredible
I wouldn’t trade the feeling of achieving a large goal for virtually anything in the world. Almost every great moment in my life – save the birth of my children – was the culmination of a goal.
- Enrich your world by creating value for others.
- Enrich your health by walking twenty minutes a day.
- Enrich your community by contributing to someone, without keeping score.
- Enrich your relationships by saying what needs to be said.
- Enrich your standing by trusting someone else.
- Enrich your organization by doing more than you’re asked.
- Enrich your skills by learning something new, something scary.
- Enrich your productivity by rejecting false shortcuts.
- Enrich your peace of mind by being trusted.Article courtesy of Seth Godin
“My parents think we should buy a house, but I don’t think our finances are ready for that.” “My grandfather says that only fools invest in the stock market.”
“Uncle Steve invests a lot of his money in gold and pretty much insists that we should all be doing the same.”
“My brothers say that buying a car that’s less than five years old is a waste of money.”
Family members and loved ones can be incredibly compelling. We trust them. We love them. We value their input. Sometimes, they frustrate us with their input, but we know that it’s usually brought about by love and concern.