Friday, May 8, 2009

Your Financial Future

I’m not rich, nor do I desire to be. I guess I just want more of the same … we have enough food, we each have a car, we have a nice home that is warm in the winter and cool in the summer. We have all the wonderful kids we want and are able to take care of them in every way possible, including educationally.

Aron and I talk about if we ever somehow came into a lot of money (impossible for the most part, since we don’t play the lottery). We’d give most of it away. Well, he says he’d give it ALL away. I say, “Don’t be stupid. Put some in our savings account for an emergency, some in each kid’s saving account and THEN give it away to a worthy cause that you really check out and get to know personally.”

Here’s the offensive question of the day, then:

Financial advisors now tell you to plan for your OWN financial future before putting your kids through college, paying for a costly wedding, etc. To me, this makes total sense. I’ll be old and feeble and will need the money for my hip replacement worse than my spry kids, who can work and pay off their own loans just like their dad and I had to do. Plus I might be taking care of my parents, step-parents and in-laws (in 3 separate shacks in the backyard, mind you).

By the way, let’s not forget about our parents because you may be in the Sandwich Generation (people taking care of their kids and their parents at the same time. You may need to be helping to take care of your parents, also. I don’t know about you, but I’d rather spring for a home-health nurse for my parents who gave me LIFE than pay for college for my kids or a $20,000 wedding (with the 50% divorce rate!) for my girls when my kids can so easily take care of themselves.

What do you think? And be NICE! Use your big-girl and big-boy words … ha!