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I spent and I learned something new today!

April 10th, 2007 at 06:03 pm

My team mates and I went to buy food because my house has nothing to eat... I spent 10.72$. I should've pay less but a girl forgot to bring her money which I doubt she really forgot. She never pays for anything because she's quite stingy with her money.

I learned from my two team mates that their parents watch their spending really really really closely. MN's (team mate name cut short) dad watch every details of his bank account, he looked at the price he paid, where he bought it and what kind of things (brand,etc) it is. It is scary... Another team mate FK's mom has her paychecks from her work in her bank account and whenever she wants money to buy something, her mom will ask her a thousand questions. They are overprotecting their kids money and I don't think it's a good way to teach them the value of a dollar. I felt lucky that my parents aren't like that with my money... Thank god.. @.@

3 Responses to “I spent and I learned something new today!”

  1. Amber Says:

    I kind of wish now that my parent's were

  2. shadon Says:

    My 14yo DD is about to start a part-time job. I am going to invest 50% of her nett pay in a high interest savings account and the other 50% she can spend at her discretion, no questions asked. The only "bill" she has is her mobile phone which is pre-pay so she just buys credit when she needs it. I think she is a good compromise and will (hopefully) teach her the importance of saving for a goal (she wants to buy her grandmother's car as her grandmother will be updating in the next few years).

  3. Amber Says:

    Shadon, I think that is a wonderful idea

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