When Money Doesn't Matter Show 48

Sometimes saving money doesn’t matter...

Most of us for a period of time dutifully arose out of our comfortable beds each morning to go to work to earn money. While work should be meaningful and purposeful, we realize that if we weren’t getting paid, we’d have issues.

We are engineered from a young age to understand that money is essential. In fact, I’m trying to teach my three year-old daughter this lesson now. 

We’ve raised chickens for the last four years. Since she was able to walk, she’s enjoyed helping me by carrying the chicken feed out to their coop.

She enjoyed our morning ritual until a few months ago. One afternoon I let the chickens out of their coop to walk around the yard, and I took my eyes off Amelia for a couple of moments. When I did, our rooster came rushing at her. Roosters are notoriously aggressive. Of course, this frightened her, and she didn't want to feed the chickens anymore. 

We have so many eggs that we started selling them. Previously, I had told Amelia since she was helping with the chickens, she could keep the egg money for when she wanted to buy new things. On Monday I had a conversation with her that if she didn’t want to feed the chickens, then she wasn’t going to get to keep the egg money. The next morning she put her boots on and fed the chickens with me. Something about being able to buy more Play-Doh motivated her.

We are conditioned as young children to understand that money is important, but sometimes money can’t buy you what you want…

She enjoyed our morning ritual until a few months ago. One afternoon I let the chickens out of their coop to walk around the yard, and I took my eyes off Amelia for a couple of moments. When I did, our rooster came rushing at her. Roosters are notoriously aggressive. Of course, this frightened her, and she didn't want to feed the chickens anymore. 

We have so many eggs that we started selling them. Previously, I had told Amelia since she was helping with the chickens, she could keep the egg money for when she wanted to buy new things. On Monday I had a conversation with her that if she didn’t want to feed the chickens, then she wasn’t going to get to keep the egg money. The next morning she put her boots on and fed the chickens with me. Something about being able to buy more Play-Doh motivated her. When my mom was 63, she was diagnosed with dementia. She now can’t go to Italy or Hawaii. If she were in one those cool places, she’d never know it. Life is too short to not fully live each day.

Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Clients Excel, LLC are not affiliated companies. Investing involves risk, including potential loss of principal. Any references to protection, safety, or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the insuring carrier. This podcast is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet particular needs of an individual’s situation. Clients Excel is not permitted to offer and no statement made during this show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Clients Excel. The use of logos and/or trademarks of podcast hosting sites are the property of their respective owners and are not an endorsement by those owners of our firm or our program.