Oh, it’s fun to have incentives for doing over and above things! Since Tatum is embarking on the Not a bummer Summer School with me, I figured we’d have a little treasure box! Her teacher did this in 4th grade, so I figured we’d continue the fun.
At the 1/2 way mark, she opted to have a “small” prize out of the box.
This light up baton would torture Coopy!
Sorry, Coop…not for you. Sadness.
More fun in the summer. It’s just so far from a BUMMER!
It’s time. She’s been dividing her allowance and any earnings she’s made into three categories: Save, Spend, Give.
Back in 2020, we opened a savings account for her at Bank of America. She had about $200 in there.
Now, it was time to teach her about investing. I taught her about compounding interest, and I also decided to make an appointment with our financial guy, Sam DeGreen, to help her understand how it all works. Monday morning, 9:30 am.
(Sam in Keith’s son who has taken over DeGreen Capital Management.)
He suggested investing in an ETF which is a BASKET of funds. (We don’t put all of our eggs in one basket). He also requested that she read The Richest Man in Babylon.
So, we took her savings and put it in an ETF through Fidelity. (She chose the NASDAQ (which are the top 100 tech stocks) and S and P 500 (top 500 companies))
After today, she’s already made .21! She just should leave it in there and pretend it’s not there. Every month, I’ll take her savings and put it in.
She’s so motivated to earn now! She’s voraciously writing as many book reports as she can (She gets $5 for a small book and $10 for a big book)
Here she is writing about Out of My Mind by Sharon Draper:
How exciting! My little investor. Teaching her to have financial wisdom is key for her future. I love you, Tot!
He told stories about this Grandma and her message to him about NO ONE can steal your joy! Our joy comes from OUT of this world, so don’t let the world STEAL it! AMEN.
Oh, look at my honey! We got to hold hands. xo
The Tot was enjoying every minute
YES SWEETIE! Praise HIM!
We enjoyed Andrew RIPP so much! HE had so many GOD stories and inspired all of us with JESUS being our RESCUE STORY!
We can’t wait to return in DECEMBER to see KING and COUNTRY! (We left early for various reasons…seating being one and hunger another.) God redeemed it with new tickets.
AMEN! Loved this time with my family.. HEART FLUTTERS.
First, we were going to celebrate Austin’s graduation from GCU and his new electrician job in May, but with the timing of schedules, we postponed.
Second, it has been a complete struggle for me to go out to dinner because of my diet challenges coupled with my fear of eating out and having to lay down after.
Third, the HAY family has not been out to dinner in eons!
SO…we finally did it! We went to Longhorn Steakhouse for which I had bought a gift card almost two years ago! We can’t wait to dress up!
All the pics…all the pretties! (our kiddos)
The Daddy and me! HHH!
And my two loves
More lovelies~!
Hombres!
And…this girl: THIS GIRL! My little 10 year old is growing up
Ok, we finally arrived and ready to embark on our carnivore journey.
Austin, That looks delicious. He went all out, and he deserves it!
We also want you to know that God has BIG plans for you! Jeremiah 29:11
Ok…Tot and I are SOOO excited to eat our goodies. She gets bushels of fries (sheesh! Kid’s sizes these days), and I get Lobster with my Filet. Glorious.
We are all in Steak heaven.
What a three-way win for the Hay family. XXOO. More to come!
Tatum and I are learning about money in new ways; savings, investing, giving and how SHE can be more involved.
I scheduled an appt with our finance guy to help us too. In the meantime, I mapped out some thoughts for her. I showed her she could put $100 in her mattress and in 5 months she’d have $500. But what about investing at a certain interest? Maybe 10%? in 50 years, she’d have $1.7M! We also talked about FIRST paying God and ourselves. Then what is left is for bills and discretionary (fun) which is not usually much! She’s seeing that for herself.
Also, we talked about different ways to make money. Earning, selling or stealing HA! We crossed that one out right!? heehee
I also talked about from my job…what we do with our lives, if you do what you love, the money follows. I didn’t do that from the ages of 20-30, but then I went into what I loved after that, and the money has just happened. Great discussion!
As far as testing, her first not a bummer Summer test was on Friday. She had so much fun doing it! I think? A cappuccino always helps.
Thank goodness we have our pets to bring us joy too!
What a blessing, all the things that make up a day. The simplest are the best. I love you, dear girl.
