Helping you get there.

auto

Louisiana FCU Blog

Louisiana Federal Credit Union Blog

This is some blog description about this site

The Machine that Gives Mommy Money

As a mother to two preschool aged children, I am always on the lookout for those great teachable moments. Teaching them their manners, treating others with respect and the difference between right and wrong certainly top the list. But another important teachable moment that I sometimes forget that is just as equally important is the lesson about money.

Just the other day, my 5 year old and I passed the ice cream shop in my hometown. It is the local summer hotspot and the line was super long. As we drove by, the shop’s bright colors immediately caught his attention and he yelled from the backseat, “Mommy, I want an ice cream.” Seeing how long the line was I thought of what I believed to be the easiest, “nope, we are not stopping” excuse I could give him, “Sorry, sweetie, Mommy’s out of money.” Without hesitation, he replied, “Well, let’s go to the machine,” as he pointed in the direction of the ATM nearby, “It’ll give you money!”

Wow! I thought. That’s a teachable moment. For the remainder of the trip home (yes, we didn’t stop at all), we discussed how and why the machine gives Mommy money. My son quickly learned (and probably TMI for a 5 year old) why only sometimes he and his sister could get a special treat from the ice cream shop.

To help parents like me have the “money talk” with their child, Laura Shin, a contributor to “Forbes” magazine, writes in her article, “The 5 Most Important Money Lessons to Teach Your Kids”, great ideas and easy, teachable lessons geared to children from as young as 3 to 18 and older. Check it out here: http://www.forbes.com/sites/laurashin/2013/10/15/the-5-most-important-money-lessons-to-teach-your-kids/.

 

Shedding Pounds and Saving Money
Bi-Weekly Blues

At times, we may provide links to sites outside the control of our institution.
We do not make any representations concerning the linked sites' contents or availability.
You should review each site's privacy and information security policies carefully before you enter confidential information.

 Deposit and loan products offered by: Louisiana Federal Credit Union, Member NCUA, An Equal Housing Lender

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government National Credit Union Administration, a U.S. Government Agency

ehl.ncua

© Louisiana Federal Credit Union. All Rights Reserved.Marketing and Website provided by SPC

Louisiana FCU
P.O. Box 1956
LaPlace, LA 70069

Phone: 985.652.4990
Toll-free: 888.652.4990
Fax: 985.651.8001
Routing # 265476411