Big Money Problems For The Next Generation
All good parents attempt to talk to their children about money, and the value of the dollar, but instead kids pay attention to what their parents do with money, not what they say about it. As with most things in life, the best approach for passing on good financial values is by example. It seems that our grandparents not only talked about the value of the dollar, they lived it. Of course there wasn't as much peer pressure, or trying to keep up with the Jones. Two income families has become the norm not the exception. When I was young, my mother never worked, never knew how to drive, and as I can remember, never really wanted anything. She was content with what she had. What a blessing.. My dad was the same way. Always happy with what he had. Todays generation has an expectation of immediate satisfaction, they don't have to work for their money, and they have high standards of living, and don't appreciate where the money comes from. As a girl of 14 I started baby sitting. I watched 4 children, all under the age of 5. I paid for my clothes to wear that year. Then while in high school I worked after school at a grocery store, and on Saturdays. I had to walk from work which was 2 miles home everyday. I didn't mind. As a matter of fact, I felt a sense of satisfaction. I was accomplishing something. In short, we are raising a fiscally challenged generation!
