We have talked about Choices and Consequences so much in our house that the boys will make jokes with me about it. We laugh and it does help me think about it when they say something about one of my choices.
One of the jokes the boys make to me is about my food choices. The boys know one of my long-term goals is to get my BMI (Body Mass Index) under 25. So, if I am eating Ice Cream or Cookies, they will joke with me about my Choices and Consequences.
I know they love me and are joking with me. But they are correct in what they are saying. If I eat have a bowl of Ice Cream or a bunch of cookies then I need to be able to live with the consequences that could happen to me if I do. For instance, I could gain more weight and be further away from my weight goal. The food could give me less energy and drive to exercise which could cause me to gain weight.
If I keep gaining weight it could hurt my golf game, which would be sad. LOL But also it could hurt my wallet or finances since if I out grow my current clothes I may have to buy new clothes from belts to pants. That could affect our Financial Freedom goals in a way also.
So, the poor eating choices that I may be making could hurt me in several ways. If I choose to eat those sweets then I have to be OK with living with the consequences.
As always, I am not giving you any Financial Advice and you should seek advice from your Professional Advisors to see what is best for your situation. See my Disclaimer at MillsWay.com. This is for entertainment only.
We also remind them each time they leave the house to make good choices. Seth when ever he leaves the house, we for sure to remind him to make good choices. Since he is our wild child. LOL
It doesn’t matter if he is going to school or to the park to play with friends, we want him to make good choices or we want him to be able to handle living with any consequences that may come about because of his actions.
Seth the other day wanted some V bucks for his Xbox Fortnite game he plays. You may not know what that game is and that is fine, it is a video game that I think is addicting.
We reminded him that if he spends his money on getting more V Bucks for his game that is his choice but if he does then he may not have enough money for our upcoming trip to buy stuff and not to be sad like he was on our trip to a Lake in Minnesota.
We all went to the Lake up by Brainard Minnesota with all his Grandparents, Aunts and Uncles to Cousins. He had money that we gave him to spend on souvenirs at the gift shop. But then one day they found that darn game room and he wanted to play the games. We reminded him that the money he got from us was all he was going to get and if he chooses to spend it on the games to not be sad when his brother buys some souvenirs.
Sure, enough when we all checked out of the Lodge everyone went for the Gift shop in the main building. Seth was sad because his brother got a nice shirt and he had no money for one. We reminded him about his poor choices and that he has to live with his consequences.
We hope that Seth and Logan learn from these small examples so they may not get hurt as bad the older they get. We want them to think out any Financial Matter they have in the future and decide if they can live with the consequences or not.
I know I haven’t been perfect and I have made plenty of poor choices when it came to money. Some choices I made I thought were good business decisions but they ended up not being so good. One thing though I have tried to always do is ask myself what is the worse case scenario if I spend this money. Then I have accepted what ever outcome came about.
I just wish I would have thought more about the money I spent between ages 12 and 40. If we could only go back in time. I got caught up with trying to impress people by buying nice things, doing exciting things and living in nice houses. Those were poor choices and I had to live with the consequences. My main consequence from those years is that Darlene still is working currently and not able to retire yet. But I am working hard by building up our passive income streams so she can retire someday.
We hope our boys will learn from our mistakes. I know they will make mistakes and some poor choices in their lives and have to live with the consequences. We just hope they make less than we do. We hope that every time they have a decision to make that in their mind, they think about the consequences of each possible choice they are thinking about. We want them to hit their Financial Freedom goals.
Here are some positive quotes I like;
“Get your Money to Work for You… As hard as You Work for it.” By Napoleon Hill
“1. Make Money. 2. Use the Money to Make More Money. 3. Repeat the Process.” By Warren Buffett
“There is no way to happiness; happiness is the Path.” By Buddha
“Change Your Thoughts – Change Your Life” by Wayne W. Dyer
Let me know your thoughts about this blog and let me know of others you would like me to do in the future. I feel we can all learn from each other. That is why I am in the helping people retire early, enjoy life more and be more successful. Also, please see my Disclaimer page.
Don’t give up on your dreams; don’t let others talk you out of your dreams. Make your dreams happen. Make it happen today.
Visit my Podcast at www.Live4.Club on Anchor.fm, Spotify, Pocket Casts, Breaker Audio, Google Podcasts, Radio Public, I-tunes, Apple Podcast and more. If you would like to be a guest on my Podcast drop me an email at firstname.lastname@example.org or Text me at 480-389-6224
Thanks, and Have a great night. Please Support or Follow me at https://www.patreon.com/millsway for access to all my blogs.
#financial freedom #financial independence #FIRE #Hustle #Live4 #podcast #millsway