I’ve seen this from both sides as someone who inherited odd money patterns and as a coach helping people untangle the ones they’re passing on without realizing it. Just wrote about this same topic. It matters more than people think.
We are right there with you, Greg. We’ve lived it, and we try to help people who don’t even realize they’re doing it, too. Thanks for reading and sharing!!
This is great! I used babysitting money to save up for a trip to Orlando to see my best friend who lived there in middle school. In college I used a summer job to take my dad and myself to California. One thing my parents did once I had steady income in high school as a church nursery employee and date-night babysitter was completely “own” paying for certain budget lines: gas, clothes and general fun money. They still covered the big stuff like most of undergrad and car insurance, but I very slowly dropped the categories of things I asked my parents for money for, which I think was important baby step in shaping my own sense of personal freedom and financial independence down the road. I wasn’t accustomed, once I was in college or afterward, to asking my parents to pay for things I had the means to cover myself. And if I couldn’t cover all the things I wanted, I just figured out a different way to spend my time or stretch my dollars. It’s not like I couldn’t ask them for help if I needed it but it wasn’t a lever I was used to pulling.
Absolutely. This is an awesome example of how it doesn’t have to be black and white - they knew you were earning money and able to make decisions with that money, while still supporting you as needed. I did the same, btw. Always had part-time work through hs and college and steady babysitting jobs. It felt good to spend money as I saw fit!
I’ve seen this from both sides as someone who inherited odd money patterns and as a coach helping people untangle the ones they’re passing on without realizing it. Just wrote about this same topic. It matters more than people think.
We are right there with you, Greg. We’ve lived it, and we try to help people who don’t even realize they’re doing it, too. Thanks for reading and sharing!!
This is great! I used babysitting money to save up for a trip to Orlando to see my best friend who lived there in middle school. In college I used a summer job to take my dad and myself to California. One thing my parents did once I had steady income in high school as a church nursery employee and date-night babysitter was completely “own” paying for certain budget lines: gas, clothes and general fun money. They still covered the big stuff like most of undergrad and car insurance, but I very slowly dropped the categories of things I asked my parents for money for, which I think was important baby step in shaping my own sense of personal freedom and financial independence down the road. I wasn’t accustomed, once I was in college or afterward, to asking my parents to pay for things I had the means to cover myself. And if I couldn’t cover all the things I wanted, I just figured out a different way to spend my time or stretch my dollars. It’s not like I couldn’t ask them for help if I needed it but it wasn’t a lever I was used to pulling.
Absolutely. This is an awesome example of how it doesn’t have to be black and white - they knew you were earning money and able to make decisions with that money, while still supporting you as needed. I did the same, btw. Always had part-time work through hs and college and steady babysitting jobs. It felt good to spend money as I saw fit!