Ten more days until Christmas--have you finished your shopping already, maybe you haven't even started.
In some of my other blogs I have given some good ideas for Christmas gift giving. As I continue to think about it, it always seems that I have such a hard time finding the right thing to give to the people I know and love. Truth be told, no one that I am close to really needs anything for their everyday life.
We are all blessed that we have all our everyday needs taken care of. When I think of how truly blessed we are I can't help and think of how many people who are not as blessed as we are.
So, yes I want to give people things, but I don't want to get myself into debt over it. I am going to take some of my own advise and give what I can to make a difference in someone else's finances.
Anyone that knows me, knows that Suze Orman is one of my ideals.
I was reading one of her blogs; part of which follows:
- When you give your child--let's say your daughter--money, try giving her the amount you decide on in bills that are all the same denomination--all five- or ten-dollar bills. On each bill, place a little sticky note that says something about how you feel about her, so that in the future she will have great memories of money. Even if the money goes quickly--which you know it probably will--she'll always remember the love that came with it.
- If you are going to give your child money, let her choose the amount she will get. Here's how to do it. On a table, place (for example) 55 one-dollar bills, six ten-dollar bills, one fifty-dollar bill and a bowl containing $75 dollars worth of quarters. Do not tell her how much money is in any of the piles; ask her to choose just by looking, not by counting or touching. I think it could be fascinating to see what she does--how much do you want to bet that she won't choose the quarters?Now, if you decide to do this, you may wonder: How will you handle it if she chooses one of the smaller amounts? Will she feel badly, or feel that you have tricked her? She won't, not if you talk to her about what this gift of money means. The real gift is not in the amount of money you give her, but in the lessons that can be learned from our money. Money is there to teach us as well as provide for us.The point here is that a little bit of money--a quarter, for example--can add up to a whole lot more if it is seen clearly and treated rightly. If you can show your children that their perceptions about money and the actions they take based on their perceptions are what dictate how much money they have in their lives--well, that will be the best Chanukah or Christmas present you can give.
For this is a basic truth: Wealth comes from our own choices and our own actions, and we all have the ability to choose and to act. Before we can choose well, however, we need to become aware of why we make the choices that we do. The gift here is a chance for your child to examine WHY she chose the pile she chose. What lesson can she learn from that? And how can she apply her new self-knowledge in other aspects of her life? What a wonderful question to ponder.
If you guide your child through this little exercise in gift giving with love, you'll show her that the truest gift is not money itself but knowing why we do the things we do. (Suzeorman.com) Thanks Suze!