Spreading the Gospel: Giving and the Parent Tax

spreading the gospel

Happy Saturday, everyone! It’s time again for spreading the gospel of personal finance. There hasn’t been anything super exciting that’s happened this week, other than a big snow storm that hit Arkansas on Thursday. They don’t invest a lot of money into snow plows out here, so the town I live in will have to wait until midway through next week when the snow melts to go anywhere. I probably won’t even be able to get out of my neighborhood until then because it’s so hilly. Anywho, this week’s round-up has some really interesting stuff. So enjoy!

The Danger of “I Deserve This” Thinking by Stefanie at The Broke and Beautiful Life – I’m sure every single one of us has fallen into this trap. We do something “great” and feel like we deserve something because of it, or because life just sucks sometimes we feel like we deserve a break. It’s not a bad idea, but a lot of times it hinders us from reaching our goals.

Be Intentional: How to Develop a Giving Plan by Brian at Luke1428 – I love the idea of developing a giving plan. My wife always gets bombarded by her students at school asking her to donate to this and that. There are also the donate at the register fundraising efforts that we all come across. It’s hard sometimes to say no when you don’t have a plan, especially when they make you feel guilty about it. Having a plan can help you prioritize and help others understand why you say yes or no.

Also, if you missed my post yesterday about my favorite ways to give during the holidays, read that one too 🙂

I’m Headed to Assist with Philippines Disaster Relief Efforts by Jen at The Happy Homeowner – I just wanted to give a shout out to Jen here and let her know that I’m grateful that she is doing this. It’s hard to get out of our comfort zones when it comes to giving and it’s even harder sometimes when it’s spontaneous. I hope she’s having an awesome time out there!

3 Reasons Why Imposing a ‘Parent Tax’ on Your Kids is a Good Idea by Lance at Len Penzo dot Com – A parent tax is such an intriguing idea to me. When I grew up and complained about having to do chores when my parents didn’t, I was told that it was my rent for room and board. A lot of kids, though, don’t have to contribute at home, leaving them feeling entitled and giving them a really eye-opening experience when they reach adulthood. I don’t know if I’m all for the parent tax, but I think it’s a great place to start when thinking about how we’re raising our kids and teaching them about money management. It’s a great read!

I also want to thank all those people who have featured me in their articles and carnivals. Here are some of you:

Earn More, Spend Less
Links Lisa Likes
Carnival of Financial Planning
Carnival of Retirement
Carnival for Young Adults
Carnival of Financial Camaraderie
Net Worth: November 2013 Progress
Yakezie Carnival

(photo cred)


5 thoughts on “Spreading the Gospel: Giving and the Parent Tax

Leave a Reply