3 Lessons I Want To Teach My Kids About Money
Sponsored by Frost Bank
There are so many lessons to be learned about money. I’m still learning them myself. Having kids can be scary, because sometimes I feel like I’m still a kid myself. Realizing that I’m molding their beliefs & values is a huge responsibility. There are so many things that I value, and that I want my kids to value as well. One of the main things I want them to value is money. I want them to know the value of a dollar, and that money isn’t just something everyone has.
Today I’m excited to be partnering up with Frost Bank, to share 5 lessons that I want to teach my kids about money. Frost Bank is a great bank here in Austin. We’ve been able to set up accounts for Noah and Emma super easily, and we can monitor everything from our Frost Bank App.
Save A Portion Of Everything You Earn
Right now we are in a period of our life where we are putting a lot of our money back into our businesses, so it can be hard to save. Creating accounts specifically for Noah and Emma at Frost Bank, and putting a portion of our earnings each month into those accounts has been top of mind for me lately. Owning your own businesses can be scary, so saving when you can is really important to me.
Money Doesn’t Fall Into Your Lap
I want my kids to know that every dollar they receive, has been worked for. Money has never fallen into my lap, and I’ve worked hard for everything I’ve accomplished today. I want my kids to feel like that as well. I want them to be self-starters, and know that they can accomplish anything they put their mind to. If they want extra money to go and do something on the weekend, they need to earn that money. Whether it’s doing chores around the house when they are younger, or working a job in the summers while they are in high school, I want them to realize that money doesn’t just fall into your lap. You must earn it.
Money Won’t Make You Happy
I know everyone uses this saying, but it really is true. One thing I will say, is that not having to worry about money does put you at ease, but money in itself will not make you happy. There have been times when Dylan and I were stressed about money (wait, isn’t that all of the time!? ha!) We even moved in with our parents at one point before we had kids because we were unsure of our next move career wise, and wanted to make sure we were making the right decisions before moving somewhere new and starting a new career path. Even though we had no money, we were still happy. We were healthy, we had each other, and we were surrounded by love. Being happy always comes from within, and it’s never a tangible thing that makes someone happy. You can literally have a dollar in your bank account, and be happy. Everything is controlled by your mind, and if you believe you can do something, you can.
Okay, enough preaching, lol. I can really get going on mindset. Maybe that’s a topic for discussion in another post? Ha! I hope you guys enjoyed today’s post, and a huge thank you to Frost Bank for partnering with me on it!