How many times have you heard that phrase growing up? I would say numerous times and at first I looked at my dad and thought ‘what the hell are you on about?’. Of course it doesn’t grow on trees………
As I got older I realised the value of that statement and that value is ‘understanding the means of money’. We had a weekly allowance that was handed down to us every Sunday morning and to get that allowance we helped out with house chores, made sure all our homework was completed on an evening basis, got gold stars in our Friday spellings and tables test etc. I think the allowance was £1 at the time and that was ALOT of sweets! Having achieved this allowance also gave me a sense of accomplishment, freedom and independence. This is what money meant to me.
I started working in my mid teens and I have to say I loved my part-time job! Mixing with new people, learning new things, doing well in my job, being rewarded with a weekly pay check and earning that paycheck with hard work and determination was the best feeling!!! For me I felt grown up, independent and with that paycheck I could reward myself or simply start saving for a bigger prize. I continued working and since then I’ve always worked.
It’s not all about receiving either, giving back comes into play. I paid my way at home (mammy and daddy don’t do everything!) and I felt great for doing so. It was about being responsible and grown up that encouraged me to think about money in a different light. Money brings a feeling of having and giving and providing instead of going without. When you get that feeling you are in the vibe and understanding of money. You’ll know how to be wise and never go without.
I would consider myself wise with money, I know my limits and I won’t go beyond that. But I work hard and sometimes, as a treat, play hard and reward myself. I’m also abundant when it comes to finances, I know it will all work out. What you put in is what you get back.
I’ve also made mistakes, watch others make mistakes and learn from them.
I have put together some tips for all you teens to help you think wisely about money. Think smart and play smart!
Document for Making the Pennies Last Here
Tags: Budget Templates, Financial Responsibility, Money, Money management, Personal Finance
brief,yet it put the points across very well.
the “Document for Making the Pennies” is perfect. i’ll definately try and put it to use this summer. would love to do some savings for college next year.
thanks Liz