Simply Raising Minimalist Children
“Being independently wealthy is every bit as much about limiting needs as it is about how much money you have. It has less to do with how much you earn—high-income earners often go broke while low-income earners get there—than what you value. Money can buy many things, none of which is more important than your financial independence.”
- “The Simple Path To Wealth” by JL Collins
One of the bigger benefits of pursuing The Simplicity Lifestyle is that it gives us ample opportunity to talk to, teach, and work with our children about how to live a meaningful life with less and how to grow true wealth.
We can teach our children that we are not defined by the things that we own, but by the actions that we take. We can talk to our children about being intentional with what we let into our lives and what we keep in our lives. We can show them the benefits of living with less clutter. We can demonstrate how living a minimalist lifestyle makes it easier to keep things organized so we can think clearly about what’s truly important. We can walk them through how we grow our wealth by decreasing our expenses and increasing our acquisition of assets that create an income and assets that increase in value over time.
I remember once talking to my Daughter about the fluctuations of the market and how it was possible to make a profit by buying when the stock price was low and selling when it was high. She was having a hard time understanding it so I told her that we could make a trade with my swing trading account and what ever profit it made was her’s to spend on a toy.
Needless to say, she accepted with great alacrity. We watched the stock rise and fall for a week before we sold it, and she got her toy! It was so much fun and it made me so happy to know that my Daughter was getting a wonderful lesson in Business and Financial Literacy.
We want the best for our kids after all!
As I get older I find myself really thinking about what I will leave behind when I’m gone. (Physical things as well as things I’ve learned during my time here on this planet.)
I’m also becoming aware that I don’t really own anything, instead I’m more of a Steward of the things in my life.
Life is hard enough without having to worry about the basic needs for survival.
“Here's the thing I've learned through the uncomfortable process of saying goodbye to that monkey: holding on doesn't make their growing up any easier. It won't slow down time or let us relive favorite moments. It simply keeps our arms too full to wholeheartedly embrace the season we're entering.”
- “Messy Minimalism” by Rachelle Crawford
We can’t take anything with us when we are finally free from this mortal coil, so we may as well leave something behind that makes life a little less difficult for those that remain!
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