This recession is not letting it up and planned spending and smart budgeting has been essential for this single mother of 1. For Christmas this year I decided to purchase Monopoly for my son. Normally I’m not the “toy purchasing mom” but I thought this would be a good way to teach him about investing and purchasing power. Not to worry, I am from a large family and they enjoy showering my son with Wii games, scooters, cars, instruments and the like. Besides, who doesn’t love Monopoly? It was my favorite game as a kid.
I wish more minority families would see financial freedom as a viable possibility through financial planning and discipline. Read the rest of this entry