I am frugal. I cut corners wherever I can, use coupons, shop thrift stores and stress the importance to my children about buying on sale. My 13 year old seems to be following in my thrifty footsteps. My 8 year old seems to have missed the boat completely.
Some of you may remember my de-cluttering post a few weeks back. After Allison had lost her ipod and we had gone through the whole house getting rid of unnecessary space wasters, I set the kids down and had a discussion with them about how we have way too much stuff. We made a plan that we would start making big cut backs. I, for one, would rather spend money on experiences than on stuff that will soon be shoved in a closet and forgotten about. They agreed. Amusement parks, zoo trips and exploring museums all sound so much better than another toy they don’t need. We will be taking a trip to Disney in late fall, so we need to put money aside for that also. I felt good about our talk. I thought the message really clicked with both girls. That is until I was cooking dinner the other day and see Allison on the computer. What site was she on?
Yep, that’s Ebay! Apparently our talk has long been forgotten.
“What are you doing on Ebay?” I ask.
“I am looking for a new sewing machine. Mine broke.”
“What’s wrong with using mine? Get off Ebay!”
“I can’t. I love Ebay so much I’ve put it in my favorites on Google Chrome.”
*Sigh* At least she was looking for a bargain on the sewing machine, right?
I remind her of our talk. We aren’t spending extra money on things we don’t need. The message seems to click again. Or, so I think.
Sunday we were doing a little school clothes shopping. Allison asks, “Do you think it’s weird Mariah is a teenager and saves all of her money. I’m only 8 and I like to spend all of mine.” I tell her it’s a good thing Mariah is saving her money. She may want to buy something special some day or she might have an emergency and need that money. “Well, I don’t know what kind of emergency she would have. The only emergency I can think of is a SHOPPING EMERGENCY!”
Please, someone, tell me there is still hope for this child to change her financial ways! She’ll be filing bankruptcy before she hits 10.
Are your kids spenders or savers? How do you teach your children to be financially responsible?