My son just left for school and I'm just slightly in shock to what he said to me before he left for school. "The kids at school think we're poor because we live here." We have a three bedroom house, fenced in yard, a shed an attic, lots of room and in a neighborhood where all the houses look pretty much the same. I rent and it's by no means expensive but we moved here from a small apartment where I paid the same rent. I like the house. There are plenty of kids in the neighborhood for my son to play with. I've painted the house, we have nice furniture, my son has his own play room with two tv's, a couch, xbox, playstation, and a weight bench. (I didn't buy the game systems or the one tv) He plays hockey and snowboards -- both costly sports. My son is by no means doing with out. I think I provide very well for him. My son sometimes says we are poor as well and I always tell him we are not poor. I think I make great money for being a single mom. I own my own business that I work hard at and it does well. My sons father doesn't help with anything, not even child support, but my son and I still do ok. All the money right now of course goes to debt but I don't want my son to think we are poor. We just live off what we need right now.
I think I need to figure out a way to talk about money with him to explain the situation.
Total Debt Paid: $27, 448
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3 comments:
Hi! I just came across your site via Frugal Dreamer.
How old is your son? That's so hard as a kid with the concept of money, and comparing your life to everyone else. I know I had friends growing up that I thought was rich because they had huge houses and everything, only to find out their family was in more debt then I could image.
Sounds like you are giving your son a great life! He's lucky. Good luck with your talk with him!
He is 11yrs. I think he knows we are not poor. However, we are on a single income and a lot of my income goes back into my business. It's not easy starting a business. I just branched my business into another area of my services and it cost money for the first while just getting the tools I need to do the job.
Things are tight but we have a good life.
That breaks my heart to hear that. You are providing mightily for your son and to do it on your own is nothing short of amazing. There's no insurance kids will understand the struggles you have to endure in order to give them what they want and need. Hopefully, it's a phase that will pass and won't lead to more thoughts of wanting or having more. Good luck.
Jerry
www.leads4insurance.com
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