The Hand that Rocks the Cradle...

 

William Ross Wallace wrote: “the hand that rocks the cradle is the hand that rules the world….” This is a powerful statement and a very powerful position to hold.  This statement is much deeper and more important than the poem that Mr. Wallace wrote.  Imagine for a moment that we take this statement to heart just when it comes to the financial education of our children: the children that we rock, guide, and watch over!

 These 13 words should be read slowly and allowed to be absorbed into our souls and minds.   Take a moment and close your eyes -- and realize that you have the power not only to create financially smart children, but future generations by empowering your children to pass down better habits and financial information.  “The Hand that rocks the cradle – is the hand that rules the world…”  Do you want to raise children that will spend a life time living with debt or children who understand the power of their financial choices?  Children who are raised with the understanding that their income level is not as important as the financial choices that they make - will make wiser choices. 

Most women are raised to view money as a way to create a better lifestyle for themselves and their family.  We tend to spend money on items that will enhance our day-to-day living with little thought for the future.  I spent a few weeks recently hanging out at different stores watching the spending habits of men and women.  What I witnessed was that women spent hundreds of dollars on items that will have little or no value in the future.  Women were buying items such as: designer/non-designer clothes, knick- knacks, toys, shoes, pictures, items to decorate the home, comforters, pillows, cute mugs, pretty drinking glasses, candles, perfumed soaps, gifts for baby showers, gifts for birthdays, gifts for teachers, wrapping paper, gift bags, or just shopping therapy!

     It is time for us to take our roles seriously and break the paycheck-to-paycheck lifestyle and consumerism mentality.  To break the cycle someone must be willingly to do the work, are you?

Double a Penny for 30 Days

Can You Afford to Double a Penny Everyday for 30 days?

Days 1 thru 10          Days 11 thru 20         Days 21 thru 30 

.01                              $10.24                         $10,485.76

.02                              $20.48                         $20,971.52

.04                              $40.96                         $41,943.04
.08                              $81.92                         $83,886.08
.16                              $163.84                       $167,772.16
.32                              $327.68                       $335,544.32
.64                              $655.36                       $671,088.64
1.28                            $1,310.72                    $1,342,177.28
2.56                            $2,621.44                    $2,684,354.56
5.12                            $5,242.88                    $5,368,709.12

http://www.thejourneytowealth.blogspot.com/
Lucille Tyler Baldwin
Author of "Sick and Tired of Being Broke"

Advertisers Target Our Children

The Conditioner

One of the biggest threats to the future financial stability of our children is marketing companies and advertisers. Depending on their television exposure, our children can expect to watch at least 100 commercials a day, and more than 40,000 a year. Companies are spending about $17 billion a year targeting children between the ages of two and 17; one thirty-second commercial has the power to create brand preference in kids as young as two. 

Up to 98% of televised ads targeted to children are for foods that are high in fat, sugar, or sodium.  Knowledge and parental guidance are powerful tools to use against the companies who want to take advantage of our children.  We also have the power to reduce their exposure to commercials, by simply turning "off" the television.

Lucille Tyler Baldwin
author of "Sick and Tired of Being Broke"
lucybaldwin27@yahoo.com

 http://www.Thejourneytowealth.blogspot.com