Right now, in homes across the country, there are dirty little secrets stashed in shopping bags in the trunks of cars. Some are tucked away behind storage boxes in the garage or lurking under the bed.
Like most parents, I have a few control issues. When it comes to money mistakes, sometimes the best thing parents can do is let our kids mess up – especially when they’re young and the consequences aren’t critical. “Your children are going to learn some hard lessons when it comes to money. They are going to make some bad decisions, maybe some really bad decisions. But that’s okay.”
Five to Follow asks The Ohio Club owner Mike Pettey to share his five favorite media sites. Read all about Mike’s unique success story, and how his club’s history became it’s biggest asset. “The history has been a big draw. It’s been fun to develop The Ohio Club into a destination. People come to Hot Springs from Texas, Louisiana, Oklahoma, Missouri and Tennessee, and part of the reason they come is The Ohio Club.”
Kids are quick to ask questions, and they don’t shy away from the tough ones: Why is the sky blue? What happens after we die? How did a baby get into her tummy? Parenting books and stories from fellow parents help us anticipate those questions and think about how and when we want to answer them. But many of us are caught off guard when our kids ask about money.
Our grandparents’ generation used to joke about being attached to a “ball and chain” once they got married. For today’s couples, that heavy “ball and chain” is likely to come in the form of debt that one or both people brought into the marriage.
I admit it. I’m a worrier. It applies to nearly all aspects of my parenting but particularly to teaching our three kids what they need to know about money. I worry that I’ve screwed it up already or that I’m actively screwing it up now.
Marriage is about coming together – two minds, hearts, souls. But it’s not just the warm and fuzzy stuff fusing together. Marriage also involves a co-mingling of money, and that’s where things often go from romantic hearts and flowers to dreadful dollars and cents.
School is a big deal at our house. As a mama of 3, I’m constantly checking to make sure homework is done and the kids are ready for their next test.
I was one of the lucky ones. My parents didn’t fight about irritating in-laws or former love interests or even who kept getting toothpaste on the bathroom counter.
It’s every homeowner’s dream: harness the sun’s power to power your home while reducing or eliminating your electric bill. But does the math add up?