There are three steps to saving.
Firstly you need to save your money. Decide on how much you want to save to be able to pull yourself through difficult times for example disasters, accidents, deaths etc. Then instead of falling into the trap of buying something you think you need now on credit, rather wait, save and buy it later on cash. Anything that you buy on credit ends up costing you much more than the original price was.
Secondly draw up a budget, it helps you see your expenses against your income and helps you not to spend your income erratically.
Thirdly educate yourself about financial services and choose the most efficient and cheapest option. Learn about the best products and services through financial service providers. And learn about the different banking methods available that you can use.
Some more very useful saving tips for the whole family to build a healthy happy family this year.
Change your mindset. You need to go from being comfortable with debt to being in control of your finances. Commit yourself to being debt free in three, six or twelve months.
Put aside money for any medical or other emergencies, as well as for car and house maintenance.
Pay off your debts with the highest interest rates first, and do not borrow any money from anywhere to pay debts. If you are one of us that finds yourself in uncontrollable debt because of more than one credit card, destroy one card at a time and settle the debt. Do not get new cards once you have paid off the debt. Keep a list and write down all your purchases in order to keep track of unnecessary spending. Ensure each purchase is necessary and not a “show-off” item or goods.
Start a savings club with friends or colleagues, or a rotating savings club. This way, members contribute a specified monthly sum to the club, and each member receives all the contributions when their turn in the rotation arrives. Build a healthy happy family and teach your children the value of money and of saving. Most banks have tailor made accounts when with above average interest rates for teenagers.
Reduce the insurance on your car every year because your car decreases in value each year. If you have not been doing that, your premiums have increased while your car’s value has decreased. It is your job to keep your premium down by regularly informing your insurer to decrease your sum insured. There are also other ways that you could save besides in your bank account. Join your employer’s pension or provident fund or invest in unit trusts. Make informed decisions and good choices on large purchases by shopping around and comparing prices.
Keep your financial goals for your family in mind throughout the year, even as the excitement wears off. Your reward will be a happier, healthier richer family. Start today to build your healthy happy family.…
Teaching Children Respect
It is always with astonishment that I see parents bully and belittle their children and then complain that those same children are hateful or disrespectful!
Honestly, how loving and respectful can a child feel about someone who constantly criticizes and frightens them? What must it be like for a little kid to be yelled at constantly? I wonder how it must feel to have Mom or Dad, the most important people in your life, always demanding that you DO something, eat right now – or else! Go to sleep this instant! Can you imagine always being threatened and being told to shut up! Sit down! Go away! Wow! It is an echo of our own childhood that is behind this crazy parenting behavior. We feel justified because it feels so normal and familiar. In reality there is no justification for such abuse towards the smallest and weakest among us. We should not condone this treatment of children and we should challenge ourselves to become better more enlightened parents.
The attitude of “spare the rod and spoil the child” is rampant in our society. Many parents that would never physically strike their child may still use the “rod” of words. Words can sting much more than a spanking and may never be forgotten. Think of your own childhood, and chances are that you still have a few hurtful sentences running around in your head! I know I do.
Children are born sensitive beings. From the moment they are conscious they are watching us. Learning from every example, every word spoken, every attitude that we project. The idea that children should “Do as I say, not as I do” is ridiculous! It might make a struggling parent feel better to say that, but it’s just not the way it is. Children learn what they see. They model the behavior that is in front of them. Parents are the most important and influential role models for their children. Hands down. I suspect that the saying “The apple doesn’t fall far from the tree” is more from modeling than genetics! I certainly hear my Mothers words randomly coming out of my mouth!
Being a parent is a very challenging journey. It never ends, and children will always reflect back the dysfunction within a family. Perhaps the greatest challenge is not just the daily work of raising kids, the feeding, clothing, watching their every move, but rather in the personal growth that is demanded of a parent. My own on going journey through Motherhood has brought me to my knees more than once, and forced me to examine and challenge my own attitudes about everything. It has pushed me to mature and grow in ways I couldn’t have imagined possible, and at the end of the day has brought meaning, joy and connection to my life that has made it all worthwhile. More than worthwhile…Priceless!…