Why do I think of money on Mother’s Day?
You may think this a stretch …but stay with me a moment.
Let’s count the ways:
- Mothers are often the first financial role models for children. From the first piggy bank to the shopping strategies using coupons, sales, and value purchasing. When my mother said that an item was too expensive what she meant is she could find it elsewhere for less or a good alternate. This positive attitude in the action following words sets the stage for financial accomplishment.
- This very important day of the year can provide fathers the opportunity to make value-based purchasing decisions in learning how to economically gift with the greatest impact. I know I would enjoy a picnic out with my children over flowers, cakes, and baubles - memories of high value in the years to come.
- Mothers teach the importance of budgeting. They determine household expenditures, banking decisions and savings avenues. Increasingly, women are taking on the financial planning and investment execution for financial independence.
- Mothers show their exceptional skill at holding a career for income, professional satisfaction and mental stimulation, while balancing family and home life. From income, to expenses, to financial independence they set the example for children to have a strong financial foundation.
The best financial education a mother can give are the free experiences. Not a cent spent. It is the hug when you most need it (and they always know when), the applause at a not-so-great performance, the nagging encouragement when we want to give up, and the mother look – you know – the one that shows their unconditional love.
Read more articles by Renee Hanson