Money Issues for Gen XersLast week John and I put overselves on a budget. After years of riding the overspending, cutting back, overspending cycle, we're trying to get things under control. As we grow in this area, we try to teach our kids to do the same. It's a challenge, isn't it?
My friend, Michelle, emailed me with this post. It seems I'm not the only one dealing with this issue. Here is what Michelle had to stay:
Last night at our women's Bible study we were discussing values and somehow instilling in our children the beauty of waiting for what they want, a seemingly impossible task in a "gotta have it now" world.
Like most of the ladies, I learned early on how to take care of myself so I tend to be thrifty. Our goal is to teach our kids how to prevent overextending themselves financially so they won't be in debt and slaves to their lenders early on in their independent years. As GenXers a lot of us had to take care of ourselves because we were growing up in the era that first defined/discovered latch key kids.
The majority of the women in my Bible study had grown children already so I was one of the few GenXers in the bunch. What I struggle with is balancing how much to make my kids work for and how much to help them out--in short, finding balance.
In today's society teaching kids to wait for what they want is no easy challenge, especially since while growing up I had to provide for myself in many ways. Because of my experience, I don't want my boys to have to struggle like I did. However, the Lord has blessed me (I'm being serious here/not funny) with the inability to provide my kids with many of the things their peers own. As a result, I've found that they are learning much more from having to work and save (they are 13 and 14) and buy their "wants" themselves than if I just bought things for them.
Sometimes having less is the only way to instill these values, so today I'm thanking the Lord for having less money and possessions, and not more. :)
So what about you? Do you find this to be a challenge? What do you do to find balance?
To find out more about Michelle, go to: http://edgyinspirationalauthor.blogspot.com/