Dear mom who is so tired of living on a tight budget:
I know that you want to give up.
You’re worn down from watching every penny you spend.
You’re exhausted from carefully calculating how you’re going to stretch your grocery dollars to feed all those mouths that seem to never stop eating.
You wish you didn’t have to wait for ever until that item you need goes on sale for the lowest price so you can make it work to purchase it on your beans and rice budget.
You are tired of re-wearing the same thing over and over again. Tired of praying every time you get in the car, hoping it will start. Tired of having to turn down yet another get-together with friends because there’s no way you can afford to pay for dinner out at a restaurant.
You just want to check out of your money-strapped life and go have a latte and a massage. Or maybe money is so tight right now that you would just love to have a few extra dollars to spend on something you want at a garage sale, instead of having to reserve every nickel and dime for only the basic necessities.
Can I encourage you? The difficult choices and hard sacrifices you are making will be worth it… and they could make a major impact on generations to come.
Not too long ago, I was being interviewed by a magazine writer about raising financially responsible kids. I shared with this interviewer some of the things we’ve done with our kids, such as: letting our children handle money from the time they were young, giving our children opportunities to earn money, and encouraging our children to become givers.
As the interviewer continued to ask questions, she became more and more excited about the things I was sharing. At the end of our conversation, she said, “It seems like you’ve done so many things right as parents. Do you ever make mistakes with money or have you failed as parents when it comes to teaching your kids about money?”
I was able to share candidly with her that, yes, we’ve failed in many ways (see yesterday’s post for an example!), but because of our parents’ and grandparents’ examples, we’ve made a lot fewer money mistakes as a couple.
The sacrifices they made to live on a budget and get out of debt paved a trail for us so that it wasn’t as difficult. In addition, their sacrifices inspired and motivated us to want to stand on their shoulders and do even better than they did. We, in turn, hope to inspire our own children and grandchildren to go even farther than we have or will.
In those moments when you want to throw in the towel, when you are discouraged about your budget, when you are tired of all the short-term sacrifices, when you just want to pull out that credit card to buy something you don’t have room in your budget for, remember this: your children are watching. The example you set before them will impact them in powerful ways — either good or bad.
So don’t throw in the towel. Don’t give up on your budget, even though it’s tough.
Your children and grandchildren will thank you one day for your wise money management… and that will make it all worth it.
Don’t quit! The best is yet to come!
Cheering for you,