Family Money Talk
Last week Madison was so kind to give her mom a back massage. The massage was very detailed with tools and lotion. It was lovely, but at the end of the massage she charged me five dollars. I was somewhat shocked by this news, but also pleased that she saw value in the work that she did. Therefore, I give her three dollars. She was excited about this and was ready to go to the store and buy something. We got to the store just before it was going to close, and she was looking around at what she could buy for herself. By the time she found something, it was too late and I had already checked out and was leaving the store.
She got upset by this, so we had a conversation about spending money. I said to her, “why don’t you actually think about what you really want and save for it? Instead of looking to spend your money just because you have money.” She thought about it and agreed that it was a better idea and is now saving for a rubber bubble.
I also just had a conversation with a family member about money and why it is important to spend with a purpose and not just because you have money. She said now that she has a family it makes it easier to spend with a purpose.
I feel honored to be in Project Money. It has created a space to have an open conversation with friends and family members who I would not have typical talks to about money and makes our relationships stronger. I’m excited to see how committed my daughter can be with saving her money with a purpose.