I was impressed by my son the other day, as he remembered a financial obligation that he could have easily forgotten. He recently purchased his first car. Well, he contributed the money he had saved, and my wife and I pitched in the rest. Part of his continuing obligation is to contribute towards the monthly increase that we incurred in our insurance premium. He was looking to make a purchase, and asked me when he owed the first insurance payment as he wanted to make sure he had the funds to pay it. We must be doing something right!
Fist pump for financially responsible kids, and my favorite posts of the week!
Posts That Make Me Fist Pump
- Different Ways to Save Money in the Spring from DINKS Finance
- Taking Out A Second Mortgage: A Cautionary Tale from Boomer And Echo
- Do You Have a Spending Problem or an Earning Problem? from Life And My Finances
- What We, As Millennials, Will Teach Our Children About College from Debt Discipline