Alright, in my house are three kids, two Nintendo DS, a Wii, an iPad, and several computers. Needless to say, a lot of video games get played in our home. So, we have all the parental concerns regarding the amount of time spent playing, and how to protect our kids from negative messages in the content they’re viewing. What should a good parent do?
Well, first let’s hear what the folks at Extra Credits have to say about it.
It’s tempting, when your kid is consumed by an activity that seems to isolate them from you, to cut it off. You want to protect them from the pain of their decisions, and that can blind you to the opportunities that you have to teach them and bond through their new obsession.
Ideally, games are meant to be played together with others. With a little work on the parent’s part, they can be one of the “others” for their kids.
What do you know about that game that your child is playing? If the answer is “nothing,” you’re in luck. You live in the age of the Interweb tubes. Go watch a couple of walk-through videos on YouTube. Find the game’s wiki and do a little reading. Research more about the game so you can talk with them about it. Even the “bad” games out there can provide you a chance to interact and talk about life in a meaningful way.
It just requires your patience and involvement.
I don’t really remember exactly how I let it happen. All I know was that I was driving home with my oldest daughter, talking about this and that as we often do when we’re alone. Somehow the this and the that lead to her asking me a question that would change everything.
“Why do women have vaginas?”
I was stuck, because my daughter was aware that she had asked something big, and there was no way she was letting me out of it.
Mind you, I knew that this conversation was coming eventually, but I really wanted to pawn it off on my wife. She has the biology degree, y’know. She would be far more clinical and careful. I should have known better, though. Trying to dump responsibility on my wife never goes well for me.
So, off I went. As soon as we got home, I pulled her and her brother aside and we wound our way through it all.
Anatomy. Intercourse. Menstruation. Pregnancy. Childbirth.
We talked about being appropriate, mistakes you can make, and the dangers of being irresponsible.
My wife has a gay brother in a committed relationship, so we even talked some about homosexuality.
It wasn’t a short conversation, and the kids walked away feeling both satisfied and horrified. They have a basic enough understanding now to know what’s coming, though, and we now have the opportunity to talk with them honestly about it whenever it comes up (and it has).
The sex “talk” is difficult, but ultimately beneficial for both you and your children.
So, I’ve shared all of that to ask you this:
Have you had the money “talk” with your kids?
In our culture, we’ve become more comfortable discussing sex, even with our children, than we are about discussing money. Whether it’s successes or struggles, there is a sense of taboo around sharing our financial lives except in the most intimate of relationships (and maybe not even then).
The problem is, as important as an honest sex talk is, an honest money talk is a hundred times more so. Our lives aren’t all about our money, but money touches every part of our lives. Money is life fuel. Sex can’t make that claim.
So, you have to wind your way through all the details.
Income. Saving. Spending. Debt. Investing.
How to act appropriately with money, the mistakes you can make, and the dangers of being irresponsible.
If you don’t think you know enough to have the “talk” with your kids, then it’s time to learn. Take a class. Read a few books about home finances. Just so you can have the opportunity to talk with them honestly about it. It might be difficult, but it will be totally worth it. For both you and your kids.
When you’re first beginning the process of trying to take control of your finances, it can be totally overwhelming. In a world as complicated as ours, you find yourself having to juggle so many payments and fees and bills that it’s hard to know where to start.
But those who won’t care for their relatives, especially those in their own household, have denied the true faith. Such people are worse than unbelievers.
1 Timothy 5:8
The right way to start is by building your financial household first. Get to know what your core basic needs are and take care of them before you worry about anything else. Unfortunately, our complicated world has begun to confuse what a need is, so let me elaborate. Basic needs can be limited to three categories, which make up our roof in the picture below.
Healthy: The stuff that keeps your family alive and in reasonably good condition. This will include groceries and any medicine your family must take. (i.e. medicines for high blood pressure, diabetes, chronic depression, and the like. My acid-reflux medication wouldn’t make this list.) It might also include health insurance and/or co-pays.
Safe: The stuff that keeps you out of the elements and a reasonable amount of security. This will include your basic utility services (such as electricity and water) and your mortgage or rent. You might want to include the cost of necessary home repairs here as well. Don’t include every possible security measure, though. No amount of money can make you 100% secure.
Productive: The stuff that keeps you generating an income and ready to work. This will include transportation, which could be a car, a bus pass, or a good pair of shoes. It will probably also include a phone of some kind. It might include Internet access and an email account, a reliable cellular phone, and a reasonable clothing budget.
In all cases, the goal is to determine a reasonable number for your basic needs. Keep your numbers realistic, and don’t overload any of the categories with fluff you really can do without. For example, a young couple, just married, probably shouldn’t be spending $800 each month for groceries. A $200 per month cell phone contract with all the bells and whistles doesn’t qualify, either. And an Xbox will never be a necessary component to maintain productivity, no matter what anyone says.
Also, you’ll have to plan for different types of expenses.
A good example of a fixed cost expense would be your mortgage or rent. It’s a bill that’s due every month, and the amount owed doesn’t change very often, if at all. They’re predictable costs, and we wish that every core item was a fixed cost expense. Unfortunately, they’re not.
A variable cost expense would be things like gasoline for your car, or your electricity bill. Each month the amount spent on this item is going to change, either because the price of the good is constantly under change (gasoline), or your use varies (electricity). The is the simplest thing to do is put down a number that represents a high average for that item that month. It’s rare that you’ll find yourself at risk of going over.
Items like car maintenance or clothing would be a non-monthly expense. It’s a cost you know will be coming eventually, and you’re socking money away for it now so it won’t break the bank later. Use a savings account and put a little aside every month for each of these types of expenses.
Making sure that you’re covering your basic needs gives your budget a foundation to build on. It shows you that, no matter what else happens, you can keep the lights on, put food on the table, and stay employed. And if you’re not covering your needs, then it’s clearly time to improve your income. Without any margin, you’ll never be able to move beyond the struggle of living paycheck to paycheck. Every dollar earned above that core is the fuel to be used for reaching financial goals, but you have to build your financial house first.
This is the form I built based around the information in this post. I’m using it to help people start getting their finances in order when they’re struggling. Feel free to share it, or this post, with others.
The total you figure from your core needs can be used as a base number for your emergency fund. How many months can you live off of your savings when you’re just taking care of your basic needs? How many months do you want it to be?
An organization has only 100 percent of its resources and energies to spend. I have no idea what is meant when a manager says, “Let’s give it 110 percent!” There is a finite amount of energy, and the question is simple: is it directed toward internal, political issues, or toward external, client issues?
In the best companies I’ve worked with (or observed), the ratio is about 10/90. That is, 10 percent of the energy is abraded away internally, but 90 percent of it is directed toward sales, service, retention, market share, and so forth.
Alan Weiss, Million Dollar Coaching
There are times I have to leave the house and socialize with other people. As an introvert, that isn’t my natural state. Occasionally, it happens that I have to engage a group of people that I don’t really know (aka “strangers”), adding a level of emotional awkwardness. If I’m physically uncomfortable on top of that (i.e. my chair is at a weird angle, or personal space is limited, or I have a headache, etc.) where do you think the vast majority of my personal energy is focused?
Obviously, in those circumstances, most of my energy is going to go into coping with the situation. Very little will be reserved for making new acquaintances, smiling, or being friendly. I’ll want to use my wife and kids as a shelter, rather than be aware of how they’re feeling, and I’d be filling my time by checking the clock and eyeing the door.
And that’s just one event in a lifetime filled with thousands upon thousands of various such twists and turns. In each of those moments, I’ll only have a limited amount of resources to fall back on. Each day – each hour – each second only has so much energy to expend. That time I spend at work, or at church, or at home, or volunteering – how will I use it? Where will it be focused?
It’s important to understand that. It really does matter.
See, organizational energy is a byproduct of individual energy. We each contribute a portion of the greater whole when it comes to directing the energy of our places of business, or service, or worship. Whether you’re in a family of five, a church of fifty, or a company of twelve thousand, your focus makes a difference on the internal to external ratio of that organization.
Do an audit of the energy being spent by that sleepy church in the Midwest with a slowly shrinking membership. Are they busy trying to keep the people within the walls happy, or are they zealously focused on serving their neighbors and beyond? How have their members affected their ratio? It might be helpful to do an audit of each of them.
And when we’re criticizing the organizations we’re a part of, maybe we need to do an audit on ourselves.
Just a thought.