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Getting ready for March

February 28th, 2008 at 11:08 am

Yes! I'm ready for March. I have set up the March bill pay & gotten the budget to zero. My goal for this month is to have my almost 16yr old daughter handle the grocery/gas/entertainment cash (I use envelopes)weekly. She wants to have a car, a job, MONEY!.... She has been working for my sister, earning a very good wage. Alas, the job has ended, as has the business (sis is going BK). She saved $3000, but along the way she bought a 87 mercedes and an Apple laptop, and learned to fritter money on cosmetics, fast food, and anything else she wanted. Which raises the question- is it possible to live a day without soda? And what is water if it isn't bought chilled in a nice, neat little bottle? Now she is back to life without charge cards and a Costco AMEX, and limited funds. Life is rough! Her attitude is good- she laughs when I clip coupons, but is learning to appreciate the free stuff.

1 Responses to “Getting ready for March”

  1. HouseHopeful Says:

    It sounds like your daughter is learning through the little mistakes and by your example, which is awesome! Much better to learn about money at 16 then 36. I like that you're giving her the responsibility with the envoelope. She'll learn, especially since she has you in her corner.

    As for the March plan, I also have mine set up. Zero based budget, Yay! I sat down & made mine on Tuesday. I can't wait for payday tomorrow. Not because I need the money, but because I have a plan for it.

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