MORE ON MSN MONEY
VIDEO ON MSN MONEY
Kids dont need iphones and all the crap that goes along with it. It cost not 1 penny more to raise a child then it ever has, some parents are stupid. Like my neighbor who just bought his 16 yr old a 50,000 car. really?
I bought a set of new brakes for 60 bucks and taught my son how to put them on, he is 10.
What happened to values and morals, or just the quality of life? dont get me wrong we have gadgets like everyone else.....but these are earned not jut given. The problem is parents dont know how to parent .
I feel very blessed for the parents and grandparents that i had. Our parents worked sometimes more then they were home. Dad worked so we could have a home, food, clothing, all of it. We undestood and were not bought off becase he felt bad, it was what you did when you had a family.
There is nothing better than a bundle of branches some marshmellows and a campfire.
We dont text we talk, This new age of phones, computers, video games, and all 24/7 is just sickining. We know the teachers and volenteer in the community,
But you know i was blessed: i live in a small town, wonderfull parents, a close family and freinds. were a middle class family but not struggling like i hear so many do.
its not the children that take the money, its the parents who dont know any other way to parent.
Once upon a time, parents made wise choices on behalf of their children and spent quality time doing fun things them but now, children, Wall Street and the technology industry force parents into making choices and there are a zillion suckers falling for it.
Get back to good parenting skills and stop trying to buy your kids happiness with every new device that comes out on the market because you are only turning them into robots with adverse social skills. Love them, teach them, lead them, enrich them.
Help kids learn about money by being frugal yourself and teaching them to manage their finances. Set a good example by managing your own. By the way, frozen vegetables are cheap, better than canned, and you don't need to eat out every night. You can't do anything about the price of housing and gas, but there are lots of ways to mitigate the other costs a bit.
OH HELLLLLL NO!!
Whatever happened to families staying home. Every parent I know is constantly on the move. Their kids are always in a ridiculous amount of activities. Why do kids need every electronic toy in the existence.
Yes many costs have gone up, but most of it is stupid parenting. We've gone from raising children to keeping up with Jonse's.
1) Housing: Been living in a 4 bedroom house that I built myself 7 years ago..... That will hopefully be paid off soon. Spending Increase $0.
2) Food: We mostly make our own meals and only go out maybe once or twice a month. We don't shop at Whole Paycheck and share a garden with my parents. Spending increase ???
3)Transportation: Company went out of business 15 months ago. Now I work at home as a consultant. I was spending $80/week on gas so I call BS with their $198 amount. Spending increase ???
4)Healthcare: Been on a family plan since my company closed. Will have to increase spending for copays. I can't see copays being too much of a budget. Spending increase <$500
5) Activities: This kid is going to learn to work not play. Spending increase < $500
6) Technology: I already have cable and internet, I spend money on video games (I know, pretty sad) and if they would like a cell phone maybe we would go with a prepaid plan. Spending increase $50.00/month
7)Child Care: Grandma wants a child really, really, really, really bad. Spending increase $0
8) College: Not worrying about this yet..... it's a long way off. I'll figure it out (see #1).
I guess this list isn't that scary after all. Most of the costs I have already taken on my shoulders.
I know this scenario is very different from most. I have been very fortunate to this point in my life. I'm sure it has more to do with luck than skill.
Mortorcycle Dude: To the people that have their house paid off at age 50. Enjoy the silence. My three kids have brought me such joy. Watching our son hit a home run, our daughters graduating college and getting married. money isn't everything. Live within your means. You don't need a mansion and fancy expensive car. Of course life is expensive. I've lost both parents now and am so glad I had siblings to help with all of that. Who do you have in your old age when you are all alone and sick.
Get a backbone ...... Perhaps they unlike you have the strength to stand by themselves and don't NEED anybody ..... try it some time .... mighty rewarding ...
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.