We are continuing our week of Finish this Sentence conversations. Daily we are asking you to finish a sentence with the first thing that comes to mind. Today’s sentence to finish is:
When it comes to money, I hope my kids…
For me, I (Carrie) have lots of aspirations when it comes to my kids and money. But the first thing that came to mind was this, “I hope my kids grow up satisfied with what they have and in a healthy relationship to money.” Whether you have big kids or small kids, what do you hope for them and money?
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Read all the previous Finish this Sentence conversations.
About Carrie Rocha
When it comes to money I hope my kids will learn to save and not spend beyond their means. My two grown boys right now do not want credit cards and I pray that it will stay that way and they can learn to live with out them.
…learn from the get-go how to be good stewards of their money. That means in saving and in spending, in giving and in investing.
Like Laura I want my kids to be good stewards of their money. To appreciate and be thankful for what they have to work towards and save for what they want. To know that an abundance or lake of money is not who a person is but the circumstances they live in/with.
understand that money will not fulfill the important needs in your life. Time with family and friends should never be sacrificed to make a buck. I know way too many people who gauge their life by the amount of money they make and the amount of possessions they accumulate. Those people are also the least happy people I know. I am pretty certain that I have instilled the importance in giving to less fortunate in my kids (11 and 15). When we take donations to the humane society and food shelf, they both are very proud of it.
not to be sucked in to consumer debt; live within your means
…learn how to live within their means and be charitable. My 3-year-old already proudly proclaims, “Cupons are money!” so I think we’re on the right track! :)
understand it isn’t everything. There is more to life than having money,
…the label on the package doesn’t mean its good quality. Sometimes you don’t get what you pay for so you need to educate yourself and spend your money wisely.
Last year we doubled their allowance with the caveat that, at the end of every quarter, they make a bank deposit of half their allowances. They’re learning that sometimes you spend all of it one month on something you want but that means you don’t get to buy anything the next month. At times it is a hard lesson to swallow but they’re learning to budget for their “bill” owed the bank.
understand that God has only loaned the money to them and that they must be wise stewards of His investment. I would also hope that they learn how to be charitable with their money because giving truly is better than receiving.
Will visit Pocket Your Dollars site everyday!
come by their money honestly, and live within their means.
understand that money is a tool to be used wisely. Also read all the fine print twice before signing anything.
live within their means.
…develop into a good steward of God’s gift to him through completion of the Financial Literacy course he has been participating in this month here in Seattle, and practicing the strategies he is learning about there (and here at home from his old mom and dad – smile).
Learn how to not be a servant to a lender; to manage money and know how it can work for them. I’d love for my kids to know that money is not what’s most important; rather, relationships and a strong faith are the most important. I hope to teach my kids early on about money management (like some of the allowance-related posts here) so that they can make mistakes and learn from them when it is still “practice” time, to avoid the blunders when they encounter real, life-altering amounts of money. Here’s to stopping the cycle of bad money management and understanding!!
…recognize how much of it they have in comparison to so many other children around the world.
When it comes to money I hope my kids learn to save and spend wisely. I hope my couponing influences them to be thrifty.
follow in their parents and grandparents footsteps and live frugally. I don’t really worry that much about this, because I already include my 5 & 3 year old kids in all of my shopping and explain everything to them of how money and spending work, why we use coupons, why we sometimes just look and don’t buy in a store, etc. I hope traveling internationally will help them understand how lucky they are. Finally I hope that by our actions of spending money on experiences rather than things, they will learn that people/relationships are what make you happy, not money.
Another fun question!
are willing to share with those who need it more.
in reading the responses.. this one is by far the best!!
When it comes to money, I hope my kids will see my example and balance living for today with saving for their futures.
..learn from my past mistakes and respect their money and their time.
Money does not buy happiness and to respect the enviornment.
When it comes to money, I hope my son understands the real value of money. It is a tool to be used in life, not to control your life, or to want more, etc. It should be used for what you value in life and shared.
I hope my kids realize the value of money and understand that as I say “Their credit is their gold” and don’t screw up their credit rating. Too many young people (and older ones too) get into credit debt and just keep digging a deeper hole!!!