Tuesday, May 29, 2018

Teach Your Children Well

While I didn't realize it at the time, my daughter learned some valuable frugal lessons at my feet when she was growing up. 

We had a limited income, which included my subbing income and her child support. We made do with what we had and sometimes did without the things we needed, but we made it through those years. 

Little did I know at the time that she was watching and learning the whole time and now she lives her financial life in a way that demonstrates to me she knows and wants to handle money well. 

She does not spend money frivolously. I remember one of her high school friends had one of those scientific calculators that cost about $100. If you recall, my daughter and I traded at McKay in order for her to get one. 

Her friend already had one, but she decided that she wanted a pink one instead, so her parents bought her a pink one. Bailey thought that was ridiculous and financially irresponsible. 

My daughter keeps track of all her spending and expenses, she runs her own reselling business and keeps good records of what she buys, sells, pays in fees, and her final profit. 

These days my daughter follows my lead and chooses to live a frugal life on her terms. And it makes me happy to know that she has her feet firmly planted on the ground in this way. 

Belinda
~ Living within our Means ~

10 comments:

  1. Good job Momma. You obviously raised her right.
    Kids pick up on so many things, that we don't think they see or hear.
    I love hearing stories like this.

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  2. I always felt the way you talked about Bailey, her couponing, deals and just overall bargains that she was an amazing young lady. You did good mom!!!

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    Replies
    1. Thank you, Mary Lou. I appreciate that. :)

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  3. More is caught than taught! I'm sure she was observing your frugal ways along the way.

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  4. You have done an excellent job Belinda. You've raised a financially savvy daughter who has a good head on the shoulders.

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