Posted by Beckie | Filed under Beckie
Apparently I’m a mean mommy. The little dude (now 6) had his birthday recently and received a couple of checks from family members. He opened the lovely birthday cards and found the cheques. He is coming along nicely in his financial education, so he was pretty excited to find them.
“Look mommy, cheques, now I can go to the toy store and buy new toys after you go to the bank to get the money”.
Me: “No, sorry sweetie but that money is going in the bank for your future education.”
Little dude (bottom lip trembling) “But I wanted to use the money for toys!”
Me….”Blah blah blah -Insert lecture to the little dude about the importance of saving for his future education-blah blah blah”
In case you are worried the “little dude” is deprived in any way, he had a fantastic birthday party at Loblaws, where the kids made pizza and decorated cupcakes, and he received quite a lot of generous gifts from the other kids. He also gets an allowance ($3/week) to put money in his three jars. Two weeks later we are at the haircutting place and the little dude is telling the hairdresser about his hard knock life.
“And my mommy is really mean”
Hairdresser…looking concerned… “Really? What does she do?”
“She took my birthday money and she eats my candy!”
I breathe a sigh of relief that he didn’t say anything terrible. And I did tell him that he needed to share his haul of treats and chocolate eggs with his mommy who has a sweet tooth.
While I try to explain to the little dude how we want to save money for his future education (via RESPs), I fear at this point he doesn’t quite understand. Right now he is only in Sr. Kindergarten and he tells me that when he grows up he will become a mixer truck driver AND a firefighter. Yes, he thinks he can do both! He even told me I can come along sometimes when he drives the truck
Right now, I feel that saving for our two kids’ future educations is a huge priority in our lives (after the mortgage, regular bills and squirreling some money away for retirement). It is more important than taking any expensive family vacations, even when he regularly asks when we are going to Disney World.
So yeah, maybe I *am* mean. But one day in the not too distant future, when he can go to school without having to take out massive student loans, I can only hope that he will be a little bit thankful that I’m so mean.