Are You Ashamed Of Your Parents?
As a staff member of NewSpring Church, I am able to provide FREE one-on-one financial counseling for hundreds of people each year.
Something that has been rocking my world lately through these meetings is the frequency that I hear the following statement …
"My parents – UGH! They are terrible with their money."
Is that your story?
One thing that I have learned from my hero, Dave Ramsey, is to listen to HOW people say things. To hear the tone in which it is said. To listen to what is being left unsaid.
What do I hear? Regret. Disappointment. Sadness. Shame. Discouragement. Frustration. Anger.
Here is what I can say for certain. HOW you manage your money WILL impact your children!
Proverbs 22:6 comes to mind – "train a child in the way he should go …"
So does Proverbs 13:22 – "A good man leaves an inheritance for his children's children …"
Are you ashamed of your parent's financial management? Resolve to break the cycle with your family.
Are you ashamed of your own financial management? It's time to have your IHHE Moment and change the story!
You CAN do this! I believe in you.
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I hear this all the time. People who come from poor money management backgrounds and then realize a better way to manage your money can get a little bitter with the mess their parents are going to leave them to sort out. If you are bad with money at least have a good life insurance policy so your kids will have enough money to fix all the problems you caused while you were alive.
What an interesting article. My parents were very good with money, occasionally having a loan for a few things but only if it was necessary and they hated doing it. They didn’t have a credit card until I was at college and they always pay the full balance off every month. I am glad that I am very much like them in my spending habits.
Joe,
On the parents thing… the sad thing is when they know but are just unwilling to listen to any advice because they think it is too late or too difficult to change. Getting by is “just good enough” in their mind.
Hard to put up with this attitude when you know God has so much more for us, and as in most case, “we” are the ones who settle for so much less.
I got them your book and let them read it and have recommended you to them… now its just prayer and being an example for my part.
I will say that your advice has been a blessing for my wife and myself and my kids. THanks.
A NewSpringer.