The author for the Dear Abby column once shared a quote from her mom, “This is maturity: To be able to stick with a job until it is finished; to do one’s duty without being supervised; to be able to carry money without spending it; and to be able to bear an injustice without wanting to get even.
For more than a year now, my 4 year old granddaughter has saved a portion of her favorite treat, Skittles, “for emergencies”. Her Halloween candy lasted a good long time as she allowed herself one piece per day. Yesterday, at a picnic with friends, she took 2 drink boxes. Before her mom could object, she informed her mom that she saving one for an emergency. My daughter recently found a jar with half eaten tootsie rolls, re-wrapped and stored for later. One could think that her ability to delay gratification was a sign of maturity, BUT, when it comes to the candy Pez, her equally favorite treat…they are all gone within minutes of receiving them. I wonder if the fun in eating a Pez from its cute dispenser makes it more difficult for her to delay gratification.
When I visit with individuals who are struggling with credit card debt, we talk about ways to set themselves up for success. If you cannot resist buying fabric despite the fact you have a whole room-full waiting to be sewn into quilts…then don’t allow yourself to enter a fabric store. If the home shopping network entices you to buy things you don’t need, won’t use and can’t afford…then don’t watch it. If you are the weak link in your family finances, then put your spouse in charge of the money. The trick is to put barriers in places where you are at your weakest.
I wonder if my granddaughter would be better able to save her Pez if they were not kept in the fun dispenser. If the fun of shopping and the convenience of a credit card is the cause of personal debt, then maybe only cash should be used? Take an honest look at spending habits and be mindful about spending.