I consider myself quite a lucky man to be married with two beautiful daughters. While I have had the privilege of watching them grow and learn, I have also been amazed at what they have taught me.
Kids are funny. They say funny and do funny things. But they can also be wise beyond their years. They can show compassion, care, and common decency to others that is beginning to shrink from our everyday world.
Looking through the eyes of my kids, I have learned a few new things about money.
- It’s good to share
- One of the most amazing things my children have shown is their desire to help others. Through various community involvement, they have learned how to serve their community, with various types of currency: time, talent and treasure.
- Just because someone has it doesn’t mean I need it too
- We’ve all heard about trying to keep up with Joneses. Kids are even more exposed to this at school: the latest toy, gadget and gizmo that everyone just has to have. But over the years we’ve learned that just because so-and-so has it doesn’t mean we need it too. Some fads come and go so quickly we were glad in the long run we didn’t race around spending our money on the latest gizmo. When’s the last time you used your fidget spinner?
- Sometimes, it’s good to wait
- Delaying gratification for a purchase is a great life lesson to learn. You really want that new toy or game? Save slowly, watch your money grow, then go and purchase it.
Consider taking these principles and applying them to our adult world of money management.
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Signing off with The Wright Words, and wishing you the best,