Comments on: Teaching Delayed Gratification is a Must

By: Cristina

Cristina — Fri, 25 Sep 2009 03:23:50 +0000

You just gave me a wonderful springboard for a credit card discussion with my teens. Thank you. We’ve actually done some of the suggestions you mention and my 16 year old is proving to be very responsible with her money. She even checks over her bank statements online! I’m so proud!

By: boysrus

boysrus — Sat, 19 Sep 2009 04:42:07 +0000

Barbara, this is a GREAT post! We are trying very hard to apply these principles ourselves. Even with your book! It has been on my “wish” list for a couple of months but I just haven’t had the money yet to purchase it. With 3 teens in the house I know it will be a valuable resource. So, as soon I can, I will be one of your customers – delayed gratification – I can’t wait!

By: the inadvertent farmer

the inadvertent farmer — Fri, 18 Sep 2009 21:16:03 +0000

Great post…I have three college age sons and they are the rare ones among their friends, they have no credit card debt. We have always taught them don’t buy something until you can afford it, the only reasons for going into debt in our family is for education (which will always pay off) and a mortgage. They all have paid cash for their cars and will graduate with small school loans. Teach them young, be a good example, and don’t give them everything they want when they want it and you will probably have a very responsible young adult when it comes to money…now their music and clothing choices are a whole different discussion!!! Kim

By: Sally Johnson

Sally Johnson — Thu, 17 Sep 2009 18:27:51 +0000

This is a very roundabout way of leaving a comment, but I thought I would delay my 5 yo’s gratification while I looked for you. )

I was just at your article about kids using the internet for research. There is another great site for primary resources at http://www.awesomestories.com. I haven’t poked around there much, so I am not sure about their bias, but they have a ton of info.

By: Janet

Janet — Tue, 15 Sep 2009 22:47:26 +0000

Couldn’t agree with you more! Making them WAIT for things is invaluable and teaches them about this crazy thing called….REAL LIFE!!!!

By: Karen Lange

Karen Lange — Mon, 14 Sep 2009 20:18:04 +0000

Great thoughts and tips, Barbara! If everyone would think this way and implement these principles, things would be a lot different. We always made our kids save half, or close to it depending on how much it was, of the money that they made while in school. This way when they wanted something big, like a car, they had savings to draw from. We also allowed them to get a credit card when they got to be college age, but they had to pay off the balance in full each month. This really worked to help them consider purchases carefully. It is a practice that they, all now in their 20’s, continue today.

By: Carol J. Alexander

Carol J. Alexander — Mon, 14 Sep 2009 19:26:32 +0000

Wow Barbara,
I was agreeing with you all the way, but to make your point with Veruca Salt, really hit it home. Willy Wonka is my all time favorite movie!
Thanks for the encouragement.
Carol