• Home
  • About
  • Contact
  • Policies
    • Privacy
    • Disclosure
    • Official Rules
  • Recent Posts

A Magical Mess

Finding Magic in Every Mess

  • Make Food
    • Breakfast
    • Lunch & Dinner
    • Side Dishes
    • Snacks & Appetizers
    • Dessert
    • Magical Treats
    • Drinks
  • Live Life
    • Pets & Family
    • Self-Care
      • Daith Piercing Journey
    • Entertainment
  • Get Creative
    • Crafts & DIY
    • Household
You are here: Home / Live Life / Pets and Family / Do Not Overlook Your Biggest Investment

Pets and Family

Do Not Overlook Your Biggest Investment

Disclosure: This post may contain affiliate links. I receive a small commission at no cost to you when you make a purchase using my link.

13shares
  • Share
  • Tweet
  • Yummly

The word investment brings visions of dollar signs and stock charts at first thought. But when I really think about it, there is so much more to the meaning of this word. I am proud to have partnered with My Job Chart to bring you this eye-opening post.

Stop Overlooking Your Biggest Investment

It’s not your house, your car or a yacht. It’s your kids! Seems like a big “Duh!” should be inserted here, but I seriously never really thought of my kids in this sense…

Certified Financial Planner, Gregg Murset, Founder and CEO of My Job Chart shared an article with me that I found really interesting. Referring to our children as our biggest investment and planning for ROI, (Return On Investment) puts a whole new perspective on how to spend money on your kids.

If you are like most Americans you don’t have a plan for the investment of your kids because it’s not a one-off transaction. Instead the cost is stretched over a 17-year period, and THAT’S THE PROBLEM. It’s money slipping slowly through our fingers over time. Buying a new pair of pants or another trip to get a haircut – it all slowly adds up.

Most parents, myself included, think that when it comes to the kids money is no object. Whatever they need, I’ll just make it happen. But it’s this outlook that can cause financial ruin. Personally, I think parents overlook how valuable time is to kids. Spending time with them doesn’t have to cost a thing and is priceless to kids. But with seemingly impossible schedules, it’s easier to spend money on kids instead of time. As a result, there are a lot of confused kids (and parents) out there that need a good lesson on the value of money.

I love the points Murset makes in his article:
1. Make your kids aware
2. Make a conscious effort to share on big ticket financial items
3. Help them enjoy work and money
4. Don’t cultivate entitlement, tie work to reward (MY FAVE)
5. Consistency counts

Biggest Investment infographic

I think the most important thing we all need to realize is that kids are smart. Letting them in on real life issues only prepares them for their future and ensures their own success. We may think we are protecting them from stress, but now that I’ve exposed my kids to our finances they are team players; and that makes them feel important, useful and responsible. They are not stressed. They are empowered.


About Shelley

Mother of two living in Montana. Graduated from Benedictine University with a BS in nutrition science. I love food, fitness, reading, and all things science. I'm the sister that travels.

Free Printable Fairy Activity Sheets!

Privacy Policy
« Honor a Loved One with Acts of Kindness Cards
Pets are My Link to Sanity »

Comments

  1. Jennifer Wagner says

    April 23, 2013 at 11:45 am

    Great information and an interesting way to think about things. Thanks.

  2. Homeschooling Mom says

    April 23, 2013 at 12:03 pm

    Hi Shelley,

    This is exactly why we homeschool! There is not enough time with your children anymore with the other demands of life. A few years back I calculated how much time is lost with my public schooled children…. 6 years by the time they graduate high school! 6 years is crazy! Can you imagine missing the last 6 years with your child?

    Great post,

    Victoria
    DenSchool

  3. Aly Mashrah says

    April 23, 2013 at 12:18 pm

    That infographic really puts things in perspective! It’s good to start preparing kids or even just talking to them about these things when they’re young. I think it helps them transition into getting serious as they get older.

  4. Ashley S says

    April 23, 2013 at 12:31 pm

    We have talked to our kids about responsibility and money since they were very little. It was a great way to teach them how to count, and now that they are older they are learning how to plan for future expenses. It’s never too young to help kids get a handle on money, and how to use it properly.

  5. Amanda @ Guide For Moms says

    April 23, 2013 at 12:38 pm

    I love this, I have already started teaching my kids the importance of making AND saving money. Any money they earn or receive as gifts, a protion has to go into savings. There saving accounts are bigger than mine! lol

About Me

Welcome to A Magical Mess! My name is Jen. Click my picture to learn more. 
Jen Soltys and her little dog

Get free unicorn coloring pages!

unicorn coloring pages on workspace with art supplies

Unicorn Coloring Pages

A Magical Mess is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.

You May Also Like

Top of layered jello with whipped cream dollop.

Valentine’s Day Layered Jello

Layers of brownies, pudding, and whipped cream in a trifle dish.

Chocolate Brownie Trifle Recipe

Strawberry crispy bark candy lined up on a board.

Crispy Chocolate Bark Candy

Three hot chocolate bombs on a board next to a mug.

Easy Hot Chocolate Bombs

Two Valentine's day cookies in front of a cup of coffee.

Marble Iced Sugar Cookies

Copyright © 2021 · Divine theme by Restored 316

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkRead more