Lauren has had her financial set-backs over the years. She moved back home a while ago as a means to pay off some bills and get back on her feet. She has worked hard to live on the budget she and her dad created. She has learned that the budget works - she has paid off some debts and is able to save money AND plan a vacation. Budgets work!
Lauren asked her friend all the important questions: What is your goal? What debts do you have? What do you spend your money on? Not surprisingly, her friend was not able to account for where much of her money went. Lauren explained that she should track all of her spending for a month, so they could review her habits and adjust her budget, if needed. She recommended her friend allow her enough spending money to enjoy herself but not so much that she could not save money every month.
Lauren came downstairs to get her budget notebook to share with her friend. Rod told her how proud he was of her; he remarked how much she had learned.
Growing up is hard. The world is not always a friendly place. Our children are starting their lives with greater debt than my husband and I have ever had, with the exception of purchasing a house.
Sometimes, as adults, we have to make hard choices - - like moving back home to save money. I am so proud of our daughter. She has learned a valuable lesson that she is now sharing with her friend.
It's a good life!
Thank you Two Writing Teachers for the opportunity to share this slice of my life.