Money Wellness Wednesday - Back to School Spending

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Back to School Spending

I just came across this message from Rachel Cruze and it's perfect timing. Before my kids became young adults and almost fully independent, it was so tempting to spend on them (even now, to be honest). You want the best for them. You want better for them than what you had. And the reasons go on and on. Check out her article below.

We tend to spend more when it’s for our kids. (That’s not just me, right?) From the moment they’re born, we justify spending more because it’s for their safety, education or general well-being. After all, they’ll only be this little once! But here’s the truth: The best thing you can do for your kids’ future is set the whole family up for success. If you’re living paycheck to paycheck, burdened by debt, and spending more than you have just so your kids can have the trendiest shoes or enroll in the most prestigious sports, that’s not helping anyone. So, try not to get caught up in the back-to-school hype. Write down your list of needs, make a budget, and stick to it. It sounds simple, but it’s the small acts of intentionality that lead to a solid financial foundation and a legacy you can be proud of. Love, Rachel Cruze

Write it down. Make a budget. It really does make a big difference in how you spend your money when you plan it out and see it in front of you. And it's a lesson for your kids as well. They may not get it now, but they will remember when they are making their own way. 

You can master your money... and I can help!  

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