Once upon a time, about six years ago, I ran over to the bank to deposit a check and I took the three little kids with me so their mom could take a nap. On the way home, I told them that I had to work for a few hours and if they behaved we'd pack a picnic and eat dinner at the "flaming castle park". They thought the flaming castle park idea was great but the picnic dinner thing, not so much. They wanted to go to McDonalds and get Happy Meals to take to the park. My response was "sorry dudes, gotta wait 'til payday for that".
One of them said "what's payday" and I almost drove my car off of the road. Kids who didn't know about payday? Who knew there were such creatures, certainly not me. My kids have always known about payday.
What was more interesting was the discussion that followed. They were sure their father did not have a "payday". He just had money in the bank and he did not get paid by the University to teach. He just somehow had money. Whenever he wanted it. They argued. I rolled my eyes. They thought I was insane and who can blame them, I couldn't even afford to buy a few Happy Meals so obviously I wasn't all that bright.
Flash forward a few years and I'm in the car with these same three children and somehow the subject of allowance came up. A couple of the kids were more than happy to talk about allowance but one child was being very quiet so I specifically asked her for her thoughts on allowance. Her response was "Daddy says it isn't polite to talk about money."
Well yea. He's right. Sort of. Which led to a discussion abut when it's ok to talk about money and when it might be considered rude.
Looking back on those discussions now, I worry that I'm raising children who are afraid to talk about money or more importantly, afraid to ask questions about money. This worry is part of the reason I appreciate people who blog about money. Whether they're sharing information and advice or sharing their own struggles and questions about money, I read every post. I save more of these posts in bookmarks, as new in my feedreader or as part of "to do lists" in my Evernote than any other type of blog post that I read. I cannot get enough of money blogs and that means I am loving BlogHer this month.
Alanna kicked off the month with a fantastic resource for people trying to save money on groceries. The post was so popular that she followed it up with another post about saving time and money grocery shopping.
Paula's pieces on your financial status and goals, budgets and saving, investing and paying off credit contained so much information that I've read and re-read the posts every day.
If that wasn't enough, Leslie blogged about college students and credit cards, Elana blogged about asking for a raise and Catherine blogged about money and stress. I sent all of those posts directly to my three oldest children to read and discuss (with me, their friends and each other.)
All of this fantastic money talk and we're only half-way through March. I'm looking at the publishing calendar and I'm chomping at the bit to read Leslie's piece about college scholarships and loans, Dana's blog on the mortgage crisis, and Maria's piece about elders living on fixed incomes. And then, I can hardly wait... the information I really need - Paula will be blogging about credit and also about retirement and wills.
With all of this great content, maybe I'll become so good with money that I won't have to listen to TW doing the Secret Affirmations.... you can only listen to someone say "I am a money magnet" so many times before you go a little crazy...
~~Denise
Flamingo House Happenings
Comments
Money Magnet
Is also something that I associate with your family - along with "Dark Lady".
And I'm with you, I can't wait to see the rest of those posts. Although, um, I still need to read Paula's post on budgets. Man I hate that word. ;)
Sassymonkey and Sassymonkey Reads.
Scary
I know, Paula's posts scared me a little at first. And TW said they were awesome but there was so much information... which is why I keep reading them.
But also scary to think about what words and phrases you associate with my family. That's feeling like sort of an interesting idea for one of those BlogHer Con get to know people memes...
~Denise
BlogHer Community Manager
Flamingo House Happenings
Get to know Denise Meme
I'd say, hmmm, introspective and interesting and in fact, highly fascinating.
Possibly slightly kooky.
I've not read the posts in question - need to get busy on that. I HATE the word *budget*.
So Instead of Budget How Bout " My Affairs"?
When you have way more money than you know what to do with don't they called a wealthy persons money matters "My Affairs" instead of "My Budget"?
Maybe that is the shift in consciousness needed to attract some major moolah inflow. "I have to get my affairs in order". "I must concentrate on my affairs".
Not only does it sound sexy and puts another spin on you life activities but you want to pay attention to something called "My Affairs". Think of the implications. If you give your savings account a personal name you could say something like:
"Yeah I was socking it to Harvey every week. I never get tired of watching him grow. The interest warms my bones just thinking about him."
It really is all about how you think about it. Money management doesn't have to be dull or scary. From hate to pleasure and prosperity. The secret is focusing attention and then performing the actions necessary to make it happen. Make it fun for you.
Gena - Out On The Stoop
Money shouldn’t be a Dirty Word
“I worry that I'm raising children who are afraid to talk about money or more importantly, afraid to ask questions about money”.
I’m not sure how the topic of money became something that people feel uncomfortable discussing. Sure, it’s not polite to ask someone how much money they make. But kids need to know about money. They need to know that money is important, not because it makes you happy or “better” but because everything – from our very basic needs to luxuries - costs money.
I completely agree that grownups need to know about money too and that educating ourselves about personal finance is a lifelong project. I love reading blog posts that deal with finances. I always learn something new.
Vered DeLeeuw
www.momgrind.com
Semantics can be Spooky
I had to laugh at the comment... now c'mon I don't want to be known as the writer who scares people ;-) But budget really can be a four letter word. I say to heck with semantics -- what matters is handling the details. So whether you call it a budget, your affairs, your finances, or mandy the money pet, the trick at the end of the day is to just do it!
As for the money conversation...it is amazing. It is almost more shameful to talk about money than sex. People hide, stay quiet, and accumulate mass amounts of shame around money rather than learn and talk about it. We need to break that silence, especially as women. So glad we get to do that here.
All the Best,
-Paula
Paula Gregorowicz
The Paula G Company
Paula is the author of the 12 Part "Comfortable in Your Own Skin" eCourse
which you can sign up for free at her website www.thepaulagcompany.com or
popular blog www.coaching4lesbians.com .
money vs sex
I occasionally password protect posts on my personal blog and guess which ones I'm more likely to password... yep, it's the money posts and not the sex posts.
Sigh.
~Denise
BlogHer Community Manager
Flamingo House Happenings
Except for those who constantly brag about
how rich they are
Some people "hide, stay quiet, and accumulate mass amounts of" *money* and then it's pretty much nonstop bragging about their new car, their latest fabulous vacation and how they only buy their clothes in Paris. I know at least two people that do this so it can't be that rare.
Paula - in one of your future posts, could you possibly include a short list of recommended financial websites? I like fool.com, but I'm wondering if there are any other great personal finance websites that I am not aware of.
Vered DeLeeuw
www.momgrind.com