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Will they see this at the Statehouse?

Thursday, August 14th, 2008 By Mike Maurer

To save, you must spend some time analyzing spending

Some excerpts:

Saving money is a mindset, a way of life. It takes a plan, a budget, discipline and a look toward the future. Instead of instant satisfaction, it’s about delayed gratification.

“Debt for mere consumption used to be a taboo,”

But behavior can be changed. The first thing to do is look deep within and ask a simple question: Do I have a spending problem?

This is not an easy concept to teach adults, let alone children. [ed. - how about legislators?]

“How do you compete with all that Hannah Montana marketing when you have a 7-year-old daughter?” Fox said. [Ugh. It's the corporations' fault.]

One way is to try to explain the concept of tradeoffs. Tell your child she can have the Hannah Montana outfit she wants, but not the second item on her wish list if there isn’t money for both.

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