As I've mentioned before one of the mailing lists I'm on is A.Word.A.Day. At the end of today's message was this thought:
A child, like your stomach, doesn't need all you can afford to give it.
-Frank A. Clark, writer (1911- )
A friend of mine was recently down in Chile. Over the last couple decades Chile has experienced a dramatic economic boom. My friend said there was one down side. In the last couple years many people in Chile have become wealthy enough that they have started accumulating stuff. And it has gotten bad enough that many people are using storage units. It was an interesting thought. Maybe one of the ways to tell if a country has really become wealthy is when they start building storage units.
As parents we can hurt children if we give our offspring everything they ask for. Children can learn valuable lessons in saving and waiting for a toy, a bike, or some game. They learn discipline and how to make choices. Just because we can afford something doesn't mean we need to buy it. There is wisdom in saving some of our money for a rainy day. If we teach our children to save and invest, then they will be ready when bad times hit. They'll have a cushion which allows a hard time to be something to be endured, rather than something which greatly harms them.
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