Money, whether you like it or not, can buy happiness. Is it better being poor and healthy or rich and sick? I believe the healthy and rich is the better option and I bet you do too.
A recent research has looked for the link between money and happiness and has found out that we can indeed buy happiness, but we get the happiness when we spend our money on someone else.
Read Buying Happiness by Giving »
Sabrina did not believe it when she overheard the school librarian talking about the days her grandfather had been so poor he used to walk 45 minutes to work to save the money required for a bus ticket. “He made all his money from the jar”, said the librarian to her friend. Sabrina thought he had made his money from building houses and was very surprised.
Read The Magic Money Jar »
I hope that by now you are convinced it is better for you to be a happy, wealthy parent and all you need is some knowledge about the way to get there. As strange as this seems, not all people want to be wealthy and, sure enough, they are not.
Many people, when I talk to them about making money and being rich, come up with good “reasons” why they do not need to be rich. They tell themselves that rich people are sad, miserable, stingy and, most commonly, corrupt, and they do not want to be rich to avoid fitting these descriptions.
These beliefs were made up by poor people looking for ways to feel good about not having enough money or the skills to get it.
Read Rich Thoughts, Poor Thoughts »
Financial struggles can put a lot of strain on family life. When I talk to people about the challenges in their life, many of them say that shortage of money is the main source of their difficulties. In this new series, I am giving you tips on how to be richer, starting with why to be richer!
“We don’t spend enough time with the kids, because we have to go to work and earn money”, they say.
“We can’t give our kids what they need, because we don’t have enough money”, they complain.
“We can’t even take time off for proper vacations to rejuvenate, because there is just not enough money to fund them”, they are ashamed to admit.
“Our kids can’t engage in hobbies and extracurricular activities, because they are too expensive for our family budget”, they tell me in despair.
There are many other versions of the same challenge. If you have ever heard yourself saying any of them about your own family or if you have ever caught yourself thinking like this, then you are at the right place. If you have ever wondered if it is possible to have a family and be wealthy and happy at the same time, keep reading!
Believe it or not, arguing about money is one of three main causes of divorce. Difference in priorities are a main cause of arguments in marriage and when divorce is considered an option, it is more likely that the couple will waste much of their energy on their biggest argument ever about money.
Chances are that partners in marriage have their own ways of spending and saving money. They bring their perception about money from their life before the marriage and many of them find it hard to strike a balance between what he wants and what she want, between what she thinks it is best and what he thinks it is best for the family’s future.
Here are some of the common conflicts around money:
1. What is necessary (food, clothes, jewelry, big screen TV…)?
2. Who needs to contribute more money (many high expectation from men and sometimes too high expectation by men themselves)?
3. Should homemaking be considered equal to financial contribution (try hiring a nanny, a chef, a cleaner, etc)?
4. Should we save for the future or enjoy life today?
When getting married, it is hard for a couple to estimate what their financial requirements will be. Every time they face a financial challenge, it hits them straight in the face and many couples, having poor money management skills, feel that there is just never enough money for what they want in life. Financially, the difference between single life and married life are huge.
Yes, if both husband and wife earned similar salaries, agreed on every cent they spent and the ways to save, many of them would not consider divorce so easily. There is a slim chance for you both to agree on every financial decision. Therefore, in marriage, it is wise to choose your financial battles.
Read Marriage and Money »
Some time ago, we visited our good friend Neil, who is married for the second time and lives far away from his son from the first marriage Nathan. Neil had last seen Nathan 11 years before. He had some Photos of Nathan in an album created by his younger son Ben. When Neil had said goodbye his son and moved to another country, Nathan was just 9 years old.
Noff is my 3rd child coming home with a note from school, which offers parents to pay their kids to read books. Since we arrived here in Australia, each of our kids has come home with some “incentive to encourage children to read” project, aiming to entice children to read more by participating in a “Readathon” – a reading marathon.
1. Kids go home with a form asking Mom and Dad to give them permission to participate in the marathon.
2. The kids need to go to grownup friends and relative (grandparents are the best victims for this) and ask them to commit to paying a certain amount of money for every book they read.
3. Then, the kids read as many books as they can.
4. At the end of the marathon, they bring the signed sheet with the payment and the money goes to the school.
Read Readathon: Pay Per Read »
Among the roles of a parent, the one role that parents do not like very much is being a bank. How many times have you heard yourself say, “Do I look like a bank?” or “Money does not grow on trees”? At one point, every parent wishes they could give their children everything they desire, until they realize that not everything their kids want is what they actually want to give them.
The “Daddy, buy me!” syndrome is a modern disease of our materialistic world. Once upon a time, everyone was poor and the heroes of our old stories were of a time when people always shared their last remaining bits of food with animals and people who “needed it more”.
Nowadays, in our world of abundance, there are advertisements everywhere, encouraging people to buy things they really do not need. Those ads treat everyone as if they had an enormous budget and try to convince you that you cannot possibly live without this
Read Kids Shopping for a Feeling »
In part 1 of Save Your Marriage, I gave you 3 simple steps to stop your divorce and save your marriage. This week, I thought some marriage and divorce statistics would give you insight into what happens in the reality of relationships.
Eye-opening marriage and divorce statistics:
As a daughter to parents who are still married and a long-time partner to my beloved boyfriend, I was very surprised to read some of the statistics about marriage and divorce. Yes, I have many clients thinking of divorce, but when they come for coaching, they are in “solution mode”, which makes it easier for them to find their love again.
I believe the marriage situation has reached a level of social disaster.
Book your private life coaching with Ronit Baras and learn how to be happy in life
