
With the way the market is going today it makes one think. Is it fair that millions of Americans who overreached and borrowed more than they could afford are now being bailed out by the government and lending institutions to stave off foreclosure? Why shouldn't these people be made to pay the consequences for their poor judgment? When my husband and I purchased our home, we were careful to purchase only what we could afford. Believe me, there are much larger, much nicer homes that I would have loved to have purchased. But, taking responsibility for my behavior and my life, I went with the house that we could afford, not the house that we couldn't afford. The notion of personal responsibility has all but died in our country. Here are a couple of economic rules we try to make our kids stick to.
1. I will not buy toys for no reason. Birthdays, yes. Christmas, yes. Rewards here and there for a job well done, yes. But, we're standing in line at the drugstore and you see a toy that you want, you need, you have to have -- no way.
2. If my children want a toy for no particular reason, they are perfectly welcome to buy it themselves, with money they earn from doing household chores. And if you read the fine print, "chores" are defined as anything they do to help around the house that is not already expected of them. For example, they will not earn money for cleaning their own room, or for cleaning up messes that they make.
Ben and Nolan decided they
need money. They each went outside and picked weeds. For each plastic bag they FILLED, they earned 2 dollars. Ben earned $2, and Nolan $6. While out shopping for much needed Sunday shoes for Nolan, we happened upon Noise Putty. Noise Putty is a blob of
goopy fun that you can take with you wherever you go. Okay, here’s how it works… squish your fingers into the goop and as the air escapes around the side it makes a gastronomical noise. Noise Putty is fun, safe, and comes in a variety of different colors. Oh, and it’s also odor free! Both boys decided they HAD to spend their hard earned $$ money on this gem. Of course they did not bring their money with them. It is amazing that a store can charge $2.50 for a pile of crappy goo anyway. (no pun intended) By the time the boys had paid their 10% to church, upon reflection, Ben did not have enough to buy the crappy putty. But then he looks at me, expectantly, his little eyes filled with longing. And what do I do? Well, in the interest of avoiding the massive tantrum that would cause my entire world to collapse on the ride home, I do what any good government would do. I bail him out, and give him the extra .70 cents. He will pay me back...it's just a loan, just like Freddie and Fannie said.
And the whole way home was filled with waves of giggles and
flatulence noises! Even Baylie, the
way too cool pre-teen smiled!