Greatest Investment: Family

I often discuss how to save and invest your money, but today I am going to talk about another type of investment: family. Over the Thanksgiving Break I had the opportunity to take the wife and son to the Dixie Stampede in Branson, Missouri. Typically, I do not like these events. I have never been a major fan of holidays, but I wanted to give my son a lasting memory. Well, as much as a three year old can have.

When it comes to holidays, I hate spending money. I know that there are ways not to spend that much money during that time, but I often see people go into debt as a result of over spending. However, I am glad I took them to the event because seeing how excited my son was, truly made me happy. Growing up, we never had the money for these types of things.

By the way, if you have never heard of the Dixie Stampede, it is owned by Dolly Parton (my late mother’s favorite singer) and the show consist of performers riding horses. At this time of the year, the entire theme is Christmas. As you watch the show, you are served homemade soup, rotisserie chicken, corn on the cob, a baked potato and homemade biscuits. The food is cooked to perfection.

If you are wondering about the cost, it cost me a little over $100 dollars. My son got in free since he is under four years old. Even though I hate spending money, the trip was worth it. Just knowing that my wife and son enjoyed the experience  made the trip special. I am always on the lookout for good deals and I do not plan on over indulging on expensive trips and toys. You have to have a balance, but I think I am doing okay in this regard. Not perfect of course, but manageable.

As Christmas approaches, I will stay mindful of the pocketbook because I have to reach my $2,000 per month savings goal, but that does not mean I can’t enjoy a little fun with the family. Balance is everything. Trying to maintain that is the real challenge. You can only do the best you can.

On a more personal  and sad note, over the Thanksgiving Break when I was spending time with my family and enjoying the experiences, some students from the university where I work were in a tragic car accident. Some unfortunately, will not get to see their loved ones this Christmas. It is truly sad to see this happen, especially when they had their whole life alive of them.

You just never know how long you have on this earth and it is important not to take life for granted. I can’t imagine my life without my family and sometimes I lose sight of that. When you are working full-time and trying to reach your financial goals, the day to day things tend to get neglected. Sometimes you just have to slow down a little and think about what you have in this world. Always be grateful. Okay, I am getting off my soapbox now.

Who is special in your life? How often do you tell them? Just something to think about during this holiday season.

4 thoughts on “Greatest Investment: Family”

  1. My family is important to me but unfortunately I’ve not been able to see them the last two years over the holidays because I just don’t make enough to go see them, especially that time of year. But I did get to see all of them at my brother’s wedding this past May and that was special.

    I talked to them all this past Thanksgiving but I need to do more. I need to reach out more, and as you said, not concentrate so much on the day to day. Btw, your savings goal is awesome. Once upon a time, I could have tried doing that. These days, $2,000 is more than I even make in a month (gross). So I try to save a certain percentage of my income. And work on ways of increasing it.

    Thanks for the reminder to keep (or try to anyway) keep things in balance in life.

    1. I think you are doing great. It takes time to save and build up that number. I certainly did not reach that number easily. I am glad you had the chance to see the family at your brother’s wedding. Keep fighting and you will reach your goals. I have no doubt. Thanks for the comment.

  2. I agree that family is a worthwhile investment, and so are experiences. We don’t have children, but we often set aside money to spend on our nieces and nephews (all 8 of them). We also help my parents financially when we can, and I never regret it.

    As for experiences, my husband and I like to go see live music, so we budget for shows and make it work. We could probably invest that money, but I’d rather have more experiences and a little less money.

    It sounds like ya’ll had a great time in Branson! What a great experience for your son. Those are the things worth spending money on. 🙂

    1. When I was younger, I would rarely spend money. We use to save like 60% of our income each month. I now average about 38% to 40% each month. We make more now, so that helps. I find that I am willing to spend a little more on a few things now. I always talk about balance. Finding that and maintaining that is the real challenge. It seems like you are finding the right balance. Having great experiences are important. You only get one life, so you need to make it count. Thanks for the comment.

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