Money: The Biggest Mistake I Made as a Mom
Money is the last thing I want to think about if I feel my child needs something. Looking back at how I spent money it is clear I wasn’t thinking. I did not go crazy and send us into debt, nor was I selfish because we always gave generously, at least ten percent to ministry. However, I certainly did not save as I should have and that was my money mistake. I wish I knew then what I know now. Most of the spending in my family is in my hands. So I had a major say in our family’s long-term financial plans. Which is the point I am getting to–the long-term plans. I did not have one. It seemed too complicated to figure out at the moment. I deferred planning assuming I would take care of that in the future. Why? Because I had a serious misconception about how to think about money until I read: “A part of all you earn is yours to keep. It should be not less than a tenth no matter how little you earn. Pay yourself first.” ~ George Clason This quote is from George Clason’s classic 1926 book The Richest Man in Babylon, a …
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