It’s already August and I can’t believe how fast this summer is zooming by. It seems like the girls just got out of school, but they head back in a few weeks to my delight. 🙂 We have plenty of things to accomplish before that happens and my to-do list never shrinks. Actually I’m not sure if a parent’s to-do’s list is ever completed!
This week we took a closer look at how to start the money conversation with kids. I shared what you need to do beforehand and offered some ideas on how to ease into these conversations to make them natural and fun. I know many parents feel a bit uncomfortable initially, but it definitely gets easier, and you’ll be surprised by how much you and your kids enjoy these talks.
My good friend, Stephanie from VeegMama, gave us some great tips on how we can eat healthy on a budget. People are always looking for ways to lower food costs without sacrificing quality, and we follow many of her suggestions. They do make a difference.
Here are my favorite posts from the past week. Enjoy!
Shannon from Financially Blonde reminded us of the importance of Forgiveness as part of her Music Monday series. Our inability to forgive ourselves for past money mistakes often prevents us from truly moving forward. I don’t like making mistakes, but I have learned to view them as lessons, sometimes incredibly valuable lessons.
Holly from Club Thrifty asked Who Wears the Financial Pants in Your Family?. Well, I do, although Chris is definitely a well-informed, equal partner. Sadly, we still live in a world where many women remain dangerously ignorant of their family’s financial situation. It’s okay if you don’t want to “own” managing your family finances but don’t stick your head in the sand either. You must remain fully informed and help determine how the family money is used too.
DC over at Young Adult Money gave some great advice in Retirement for Millennials: Get Started. When you’re just out of college, retirement seems eons away and not a top priority. But one of the most common regrets is waiting too long to start investing. It’s worth taking some time to educate yourself and get started now. You’ll be so glad you did.
Grayson from Debt Round-Up had a great staff post on Comparing Myself to Others Keeps Me Motivated at Frugal Rules. We often think comparing ourselves is bad since many people succumb to playing “keep up” when they do it. But there is another side, a good side, where you feel challenged to up your game and see possibilities that you might not have realized otherwise. A good reminder that when done right, comparing ourselves, isn’t a bad thing.
Kassandra at More Than Just Money had a wonderful post on the Opportunity of Living with Less. She shared how she went living from a life of indulgence and excess to one of simplicity. Where she learned what she truly valued and enjoyed. A powerful reminder in our “have to have world” that we can lose sight of what truly matters.
A special thanks to Young Adult Money, Rockstar Finance and Stacking Benjamins for mentioning The Heavy Purse this week. I appreciate your support.
Well, that’s a wrap for this week. Any fun plans this weekend?
The Heavy Purse Store is now open! My new downloadable Money Club Workbooks are now on sale. Each workbook provides five targeted lessons to help you raise Financially Confident Kids. Please check them out in The Heavy Purse Store.
SHANNON RYAN, CFP®
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