Happy Halloween! Here we are on the last day of October already. The girls are ready to go trick or treating tonight. They are dressing up as Maleficent and a vampire. No more princesses for my girls. I am admittedly biased, but they look great! Do you have big plans for tonight? The girls still “permit” us to go trick or treating with them, so I’m enjoying that for as long as I can!
This week I went back to the beginning and why I created The Heavy Purse: to help parents teach their kids value-based principles to guide their money decisions. To help do this, setting save, spend and share goals need to become a part of our children’s lives. Goals form the foundation of my money talks with Lauren and Taylor. Everything is built from there. I highly recommend that save, spend and share goals became a part of your children’s lives too.
I also know that we often run into little issues when we try to implement anything new. Some kids will wholeheartedly embrace the idea of giving their money purpose, and others will be more resistant. So on Wednesday, I walked through five common scenarios and offered solutions to help your kids embrace goal-setting.
These are my favorite posts from the past week. Enjoy!
Michelle from Fit is the New Poor proclaimed This is Your Life. Why Are You Not Enjoying It? I love her sentiment that we should give ourselves permission to enjoy life, which is not dictated by how much we spend or don’t spend, but by knowing what truly makes us happy.
Grayson from Debt Roundup had a great staff post on What a Target Cashier Taught Me about Life at Frugal Rules. A five minute conversation reminded him the importance of being prepared to handle life’s curveballs, not just financially but also mentally. To face them head on and move forward.
Prudence Debt Free had a wonderful guest post on Navigating the Pace of Debt Reduction at Enemy of Debt. Prudence shared how debt reduction is a lot like running a marathon. You have to pace yourself and be prepared to make adjustments along the way. And to never forget that the time it takes to run the race or payoff debt is secondary to actually crossing that finish line and being debt free.
Shannon from Financially Blonde shared an inspirational post on When the Student is Ready. Like Shannon, I am a firm believer when the student is ready, then the teacher will appear. When I see people shift from can’t to can, I know that they’ve already won. Being ready and willing means you’ll do the hard work in good and bad times.
Catherine from Plunged in Debt asked Do You Let Your Debt Bully You?. Catherine has a big birthday coming up and planned a mindful treat for herself, but debt made her question herself until she firmly put it in its place. Go Catherine! And happy birthday too. 🙂
Well, that’s a wrap this week. Happy Halloween everyone!
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®
(BTW, in my response to your comment at EOD, I asked about purchasing your book The Lemonade Stand. When I click to purchase on the links you have here, there seems to be no option for Canadian buyers. Still hoping to buy two copies as Christmas gifts. What can I do? Thanks : )