I don’t necessarily say that to my kid as a warning. In fact, yesterday it was said to her as an encouragement. She has a significant sum of unspent allowance and she saw something she really wanted but decided she didn’t want to spend her money on it. I told her that she is at a point in her life where she can spend money on whatever she wanted and not have to worry about bills or rent or what happens if she runs out and she should take advantage of that. So she bought the thing she wanted and she was happier for it.
I remember, before I bought my first car at age 17, I had a bunch of money from working, and nothing really to spend it on. My dad said, “When you buy a car, that will all be gone.” He was definitely right about that.
I don’t necessarily say that to my kid as a warning. In fact, yesterday it was said to her as an encouragement. She has a significant sum of unspent allowance and she saw something she really wanted but decided she didn’t want to spend her money on it. I told her that she is at a point in her life where she can spend money on whatever she wanted and not have to worry about bills or rent or what happens if she runs out and she should take advantage of that. So she bought the thing she wanted and she was happier for it.
That’s good advice, and I’m glad she took it.
I remember, before I bought my first car at age 17, I had a bunch of money from working, and nothing really to spend it on. My dad said, “When you buy a car, that will all be gone.” He was definitely right about that.