As a family of 6, we’ve learnt the importance of keeping things simple. That’s not to say we’re always successful, but we try to apply it to all areas of our lives, particularly personal finance. ‘Keep it simple’ was what came to mind when I spoke recently with some friends looking for financial advice. Let’s call them Peter and Susan* (I’ve just finished reading the Lion, the Witch and the Wardrobe to our kids).
A common lament I hear from fellow cult advocates of the financial independence (FI) movement is that they didn’t discover financial independence until later in life. I can relate, having come across it in my 40s.
We tell ourselves that if we’d come across these principles 20 years ago, we’d be financially independent and pursuing our passions like writing a family blog having the time to be better parents.
Hands up who wants to learn about personal finance? Kinda pointless question as I’m sure you’re ALL putting your hands up. And by all, I meant our three readers. If we count both our mothers.
In all seriousness, surveys like THIS one, show that at least half of us struggle explaining concepts like interest and pensions. And this is hardly surprising given the lack of education we get on these topics at school.
Disclaimer: This article is about the minor trauma that comes from injuries to kids as a result of raising rambunctious children with a penchant for danger and a lack of parental supervision. This is definitely NOT real trauma like losing a loved one or having a life-changing injury. And please note that nothing in this post is meant to actually constitute medical advice. ALWAYS consult your medical practitioner.
Writing about wish jars recently got me thinking about productivity (jars). Can’t wait to hang out with me at a party, can you? But that then got me thinking about how well we manage to fit our priorities and values, our big rocks, into our life jars.
After 6 weeks of total lockdown and successful homeschooling, our kids were able to leave our property for the first time on Sunday. We spent an hour walking around the neighborhood and some local scrubland. The kids had a great time picking wildflowers, running on empty roads and looking for Iberian Lynx.
Mrs Chaos and myself are three weeks into our new job roles during the Coronavirus lockdown. The politically correct term is homeschooling parents. But really, we’re more like prison guards at a maximum-security penitentiary.
Six months ago, we decided to give our kids money. More specifically, an allowance (pocket money in the Queen’s English). You may be wondering, given our stingy frugal Scottish links, why we decided to give our kids an allowance? And are we regretting it?
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We hope you find this site helpful and entertaining. None of what we write about should be taken as advice. Our views reflect our personal opinions. When we can be bothered, we try to ensure what we say is accurate. But we often have 4 kids running around while we’re writing – which is why some of what we write is pure garbage. You are however responsible for your own choices.