This is good Austin. D and I are investing in some kind of tool for Elijah like FPU Jr.
That boy, no matter how much we try to impart financial wisdom, will settle for instant gratification EVERY. SINGLE. TIME.
We tried to teach him the basics of saving for what he REALLY wants, and wait, instead of getting something he doesn't actually want, just to have left the store with something.
His weakness? Legos.
The boy has been wanting an $80.00 Lego box set, and has been so close to being able to afford it time and time again, but settles for 5 $10.00 box sets that he doesn't really want. It makes us cringe every time, and as parents you gotta find the fine line of "Do i let him make this mistake over and over, or do we tell him "No" and hope that he will pick up on the lesson were trying to teach.
So we go home, tell him he has a balance of $0 and he starts over, working hard to earn the almost $80 he had prior to leaving the store. Its a frustrating cycle really.
This is a good post. We can talk more in the future! Thanks for sharing.
haha! that $80 lego set...I feel that...
thanks for reading!