Are you avoiding the F word these days?

Updated: Apr 9

Covid-19 has affected everyone. You know, I honestly believed it wouldn't change our lives too much. My husband and I are still considered essential service workers, our children are home schooled, we own a farm and enjoy time to ourselves. Do you agree? This virus should not be wrecking havoc on my life but guess what, it is. Our part time teacher (yes that is right we home school, but we don't do the majority of it) is no longer able to to come to our house, so guess who is teaching the kids, ME! Just like every other parent I am lost and actually dreaming of online sessions prepared by teachers. We own two buildings with a total of three tenants and we are working with them to help with their rent as they wait for government funding. And surprisingly enough, as much as I thought I would love having my husband home full time, well, it's taking some getting use to.


The current situation is different from anything anyone’s experienced in our lifetime. However, I find myself drawn back to stories and lessons that my Grannie taught me 30 plus years ago and I finally have a huge appreciation for those lessons. She has been gone 15 years, but those stories will stay with me a lifetime and right now I am so incredibly thankful for them.


Now, let's talk about the F word - FINANCES. Informing your children in a positive way can be difficult and challenging. Everyone's home situation is different, and these days it's ever changing. Many parents don't want their children, knowing about their finances, it's not a conversation they want to have.



When every facet of life has changed, have open conversations. At the same time, address concerns. I don't want them to feel afraid. The fact we are having the conversation has made such a huge shift in our meals at home. The kids are helping to prep, and believe it or not eating leftovers and making sure nothing spoils in the fridge. I truly had a real eye opening moment of how wasteful we had become. I am so thrilled for the opportunity to change this behaviour and teach my children the importance of reusing, using everything you have and learning to eat something even if it isn't your favourite.


Necessary spending

If money needs to be limited, it is best to explain why:

1. If we spend too much now, we might not be in the best situation later.

2. We want to be able to help our family members that are struggling.


The list goes on and is different for each of us.


A Silver Lining

We have become delighted with the little things: new card games, picking rocks (believe it or not the kids love the opportunity to go with us to the field), face-time chats with multiple family members and cooking new recipes. Years from now, kids won’t remember they missed baseball practice, but they will remember that their parents got down on the floor and played with them, or they ate like kings (my son recently asked why we were eating better then we ever have when we are to be saving food and that was a wake up call). It will be our kids that will teach their children and grandchildren all the important lessons that my Grannie taught me.


I am co-owner of Grow Into Wealth with Chrystal Ryan (www.growintowealth.ca) or www.facebook.com/growintowealth We run lots of programs to help educate people about financial literacy, we have developed a mini one week home school unit on Monday Mindset. Click on the link to subscribe to both sites and you will receive this unit as a free download. Use this time at home to use the F word, rather then avoid it. We will even teach the last lesson of the week for you through zoom on Friday, April 17th at 1 p.m.


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