Comments on: Teaching Kids About Money

By: Kerri

Kerri — Thu, 28 Sep 2006 19:06:36 +0000

We are working the plan! We’ve had our credit cards frozen (literally, in our freezer) since last Christmas. We are paying down the debt! It’s not easy, but it does feel good to be headed in the right direction. Good post!

By: DEBTective

DEBTective — Thu, 28 Sep 2006 18:12:37 +0000

I’m proud of you, baby, for getting on a budget and connecting with your cash. Dave’s plan makes a lot of sense and because of you, the little tykes will grow up right and not get deep-sixed by debt. Way to go, dollface!

By: Angel

Angel — Thu, 28 Sep 2006 15:36:06 +0000

Kate.
I agree with you, Kudos to you for getting out of debt. I love the fact that Dave Ramsey lives what he teaches, such as he will not accept credit cards to purchase his materials.
As far as the “not having the money” line I totally agree, I also use the, “save YOUR money and you can have it” line.
And to comment to the “thrift”sites. A friend of Mine, Jessica, (who is totally debt free thanks to financial peace,BTW) says “You don’t save money by spending money” I totally agree.

By: kelly

kelly — Thu, 28 Sep 2006 14:24:03 +0000

I’ll have to check out the book, we’re really struggling with this in our family. It’s really hard to teach the kids good money sense, when you barely have control of your own issues as adults!

By: Kate

Kate — Thu, 28 Sep 2006 11:53:57 +0000

With all due respect, I think it’s possible to over-do the “we don’t have the money” line. It makes acquisition all about money, when it should be about considering need versus want and the consideration of others more than about cash. I have been debt-free since March and I have lived on a budget for so long now that I am shocked when I read “thrift” sites. All the tips about saying money tend to be about buying stuff no one needs at a discount. I find I save more by just not buying crap.