Comments on Mrs. Nespy's Frugal World: Repost--Some People Think We Are Bad Parents...

Some may regard what you are doing as tough love -...

2008-09-30T12:15:00.000-04:00

Some may regard what you are doing as tough love - and I would agree but it is necessary if you want to give your son the best shot at making his own way in this world.

What you are trying to do is to make him an independent thinker well able to fend for himself financially.

To me that is worth more than any trust fund. As the saying goes..give a man a fish and you feed him for a day...teach a man how to fish and you feed him for a lifetime.

We have SIX children between the ages of 10 and 19...

2008-05-29T08:51:00.000-04:00

We have SIX children between the ages of 10 and 19 and we're not paying for college for any of them. It's not that we wouldn't love to, but it's just not possible. We encourage them to work hard and get good grades for scholarships. The oldest two have done so, and both are going to school strictly on grants and scholarships. The next in line just finished her Freshman year in high school with a 4.125 GPA, and with JROTC and the Performing Arts Magnet Program on her resume as well.

I am proud that our kids have taken their futures into their own hands. I think they just work harder knowing that there isn't going to be a free education in their future any other way.

On the other hand, when I was in college, the kids whose parents paid for their educations instead of having to work for it were the ones who were on academic probation by their 2nd semester. It's easy to throw it away when you're handed things. I think you're on the right track. You're teaching your son self reliance and giving him the reins to his future. Way to go!

Child abuse!! lol.I think you are correct and cou...

2008-05-22T10:27:00.000-04:00

Child abuse!!

lol.

I think you are correct and couldn't agree more.

Mike

You do not owe you kids a college education.. You...

2008-05-21T11:46:00.000-04:00

You do not owe you kids a college education.. You do owe your kids their freedom from having to take care of you financially when you are old.

Oh that's just terrible... NOT!!! I think this m...

2008-05-16T13:27:00.000-04:00

Oh that's just terrible... NOT!!! I think this makes you normal, or not only because most people aren't even saving for their retirement either!!! My kids have mutual funds started by their grandparents, so what ever is in those will probably be it!

Some may think I'm even worse because I take half of THEIR Christmas & birthday money and give it to my parents for an annual contribution for the funds... bad mommy!!!

Suzy Orman talked of this on her show once...it is...

2008-05-14T19:59:00.000-04:00

Suzy Orman talked of this on her show once...it is exactly what she said. Dont mess w/ your retirement. Kids have so many options like you mentioned. when is the last time anyone got a grant to retire early?

Have a great day!

You are in good company here too! I didn't have a ...

2008-05-13T16:36:00.000-04:00

You are in good company here too! I didn't have a dime when I went to college because my parents were poor farmers. It didn't kill me to pay for my own education. I am still paying for it, but hey, it made me a responsible adult. I am one to believe firmly in teaching our children independence not dependence. Thanks for stopping by my blog!

Don't hate you for it. Actually believe this is a ...

2008-05-13T09:19:00.000-04:00

Don't hate you for it. Actually believe this is a smart way to go. We are the same way. Oh we will help in any way we can afford when the time comes. But that does not include a second mortgage or anything like that.