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difficult children and money
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<blockquote data-quote="WhereIsTheLight" data-source="post: 37816" data-attributes="member: 3673"><p>My difficult child can save money if she has a goal; however, her priorities continue to be skewed.</p><p></p><p>Currently, she's walking around with about $40 for a concert she wants to see. She won't touch the money at all. But have her part for $2 for a bus ticket to the doctor, and she'd rather beg for a ride.</p><p></p><p>easy child has thousands in the bank. In the two short years she's been working, she has saved an incredible amount of money. With her first check, I insisted she put $20 away in the bank. She rolled her eyes. Then I had to drive her to the bank on Saturdays for a time to make sure the money got in. Then I would only do it when she was otherwise too busy with her work schedule and couldn't find the time to get there - otherwise, I've made her completely responsible for her own savings.</p><p></p><p>Right now I am trying to get her to invest in a mutual fund and an IRA. She'll never miss the money as she never sees the check from her grocery store job. It's direct deposited and she plays with the money from the bussing job at the diner.</p><p></p><p>I told her, forget about a car right now - everywhere she needs to be is in walking distance, her boyfriend has a car and she still lives at home. She is saving enough money and is so good at it, she may just be able to buy a small house or one of those apartments they keep making into condos sooner than she thought. I hate to see a car set her back to $0, what with the insurance and maintenance. But still, it is so encouraging and validating to see one them heed Mother's advice.</p></blockquote><p></p>
[QUOTE="WhereIsTheLight, post: 37816, member: 3673"] My difficult child can save money if she has a goal; however, her priorities continue to be skewed. Currently, she's walking around with about $40 for a concert she wants to see. She won't touch the money at all. But have her part for $2 for a bus ticket to the doctor, and she'd rather beg for a ride. easy child has thousands in the bank. In the two short years she's been working, she has saved an incredible amount of money. With her first check, I insisted she put $20 away in the bank. She rolled her eyes. Then I had to drive her to the bank on Saturdays for a time to make sure the money got in. Then I would only do it when she was otherwise too busy with her work schedule and couldn't find the time to get there - otherwise, I've made her completely responsible for her own savings. Right now I am trying to get her to invest in a mutual fund and an IRA. She'll never miss the money as she never sees the check from her grocery store job. It's direct deposited and she plays with the money from the bussing job at the diner. I told her, forget about a car right now - everywhere she needs to be is in walking distance, her boyfriend has a car and she still lives at home. She is saving enough money and is so good at it, she may just be able to buy a small house or one of those apartments they keep making into condos sooner than she thought. I hate to see a car set her back to $0, what with the insurance and maintenance. But still, it is so encouraging and validating to see one them heed Mother's advice. [/QUOTE]
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