Tuesday, August 17, 2010

5 Important (Frugal) Lessons Every Kid Should Learn

As a former teacher and frugalista mommy, there's five things I think every kid should learn in life.

1. You don't need to have everything you want, enough said.

2. Absence makes the heart grow fonder. Does your child really want a (fill in the blank)? Make them wait a couple of weeks, if they still want it then maybe it is time to discuss the purchase.

3. Giving money is just as important as making money and spending money. Just like we need to teach our children to share toys, snacks, and friends we need to teach them to share money.

4. Love is all you need. So maybe my kids only get hand-me down clothes, they don't care. Mommy buys all of their toys at garage sales, they don't care. They know that we love them and they love mommy and daddy, that is all they need. Love and friendship will outlast everything material.

5. Being frugal means you can have other things you want. We make do on a meager $250 grocery budget a month for my family of five, but that allows us to spend our money the way we want to. In the next month we are driving to Omaha for an air show, and then to Boone, IA to see Thomas the Tank Engine. If we would not have reeled in our grocery budget we wouldn't have money to do these fun things.

I wrote this blog post while participating in the TwitterMoms and Nanny McPhee Returns blogging program, making me eligible to get a $50 gift card. For more information on how you can participate, click here.

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