Kids

I don’t have any kids yet, but I definitely want to be able to help and give any future child of mines an even better head start in life once they become an adult than what I had. Things don’t always go as planned. As a result, sometime parents can actually be hurting their kid when they think that they’re helping.

Allowing Your Child To Stay With You As An Adult

  • If your child is saving a significant amount of their money monthly to buy a house or putting some of it aside in an emergency fund this can be a great thing, However, if they are just blowing most of their money monthly this can be a very bad thing, especially if he/she is living a lifestyle with you that they wouldn’t be able to sustain on their own.
  • A child will be less motivated to move out if they get to blow all of their money earned while living with you. Furthermore, kids that grow up this way struggle often when they start living with someone in a romantic relationship. The key reason is because the average person is going to want their partner to help and contribute something to the monthly bills if they’re working.

Has there ever been something you allowed your kids to do that you later regretted because you felt that you did a disservice to them?

Please feel free to leave a comment, since I’ll love to hear your feedback and to follow me, along with like this post before you leave if you haven’t already.

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Spontaneous

There is nothing wrong with being spontaneous when it comes to certain things. Yet, the average person can’t afford to be that way in everything they do in life. Thus, I’ll listed a couple of those things below.

Retirement Savings

  • This isn’t something you can decide to get serious about 5-10 years before you’re planning to retire. As a result, you should start contributing consistently to this savings through an online brokerage account through a company like MerrilEdge or through your job by at least your late 20s.

Kid’s Tuition

  • There is a 50/50 chance that your kid is going to college one day when they’re born. Therefore, don’t wait until your child is a junior or senior in high school to start trying to save for it or worst case, leave it up to your child to pay for it on their own.

What are some other things you feel like you can’t be spontaneous about in life?

Last, please feel free to leave a comment so I can hear your feedback and to follow me, along with like this post before you leave if you haven’t already.

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