Rather How It Goes Out That Counts
How does our money go out? Does it go out to pay for expensive vacations or to buy a daily latte? Or does it go out into 401 (k) plans and college savings funds? Does it go into a very large monthly payment for a new car or does it go into maintaining a slightly older car with lower car insurance payments?
The fact is we can live a full life on any income as long as we think of ourselves as fulfilled.
When I talk to my kids about buying stuff and making choices, I try to describe in their terms. Recently, my middle sons picked out a Lego set each for their birthdays from the Target toy clearance. My 5 year old asked later if he could pick an additional toy out for his birthday. I said No, because that was my budget for his birthday. When he groaned, I said that if I spent more money on his birthday present, we would have less money for field trips to museums. Right now going to a local train museum is high on his list of places to go later in August when his father takes a week off.
Yes, everything is a trade-off simply because we cannot afford everything; we can afford some things. And, that’s fine. Because we have a finite amount of time in life anyway.
Because I love meeting new people and sharing, this post is linked to:
Frugal Friday at Life as Mom and Thrifty Thursday at Coupon Teacher
Previous Posts in the Series:
Give to the Poor
Pay Back All Debts
Save, Save, Save
Make a Budget
More on Electricity
Cooking from Scratch
Make Savings a Bill to Pay
Phone, cable, and internet access
Good food, Quality ingredients
Waste Not Want Not – guest post
How Can I be Thankful and Content?