• 404
  • About
    • Copyright Notice
    • Distribution
      • Where to find
    • Our Advertisers
    • Privacy Policy
    • Terms and Conditions
    • Disclaimer
  • Account
  • Advertise
    • Building Your Audience
    • Why Dimple Times?
  • Business Review Inquiry
  • Calendar of Events
  • Cart
  • Celebration of Life
  • Comics
    • Esther & Forrest
    • Happy Circa
    • Pumpkin Rollers
    • Toilet Talez
  • Community
    • Community Sponsors
    • Dimple Bites
    • Events
    • Fairfield County Events
      • Fairfield County Stories
    • Fayette County Events
    • Pickaway County Events
      • Pickaway County Stories
    • Ross County Events
      • Ross County Stories
  • Contact
    • Ask a gardener
    • Become a Contributor
  • Coupons
  • Fayette County Stories
  • Features
  • Home
  • Home – All Post
  • Home 1
  • Home 2
  • Home Test
  • My account
  • Podcast
  • Radio
    • Song Request
  • Read Current Digital Edition of Dimple Times
  • Reader’s Contest
  • Roundtown Christmas Light Contest – 2020
  • Shop
  • Store
  • Subscribe
  • Vote
Dimple Times
No Result
View All Result
No Result
View All Result
Dimple Times
No Result
View All Result
Home Features Dave Says

Teachable moments are valuable at any age – Dave Says

Dave Ramsey by Dave Ramsey
January 8, 2021
in Dave Says, Features, Informative, Money, Scatter
2 0
0
Teachable moments are valuable at any age - Dave Says

Teachable moments are valuable at any age - Dave Says

8
SHARES
93
VIEWS
Share on FacebookShare on TwitterShare via Email

Dear Dave,

A good friend of mine passed away recently. In his will, he left me a couple of items and some money, and I�d like to share the money with my son. He is 25, and a good kid, but he is still impulsive with his finances. Do you have any advice for handling this in a way that will do him the most good?

Frank

 

Dear Frank,

It�s tough enough losing a close friend without having to worry about a grown son with money issues. I�m sorry you�re going through all this.

To be honest, I don�t like the idea of just handing him money when you already know he�s impulsive. I learned a long time ago that handing money to someone who�s financially irresponsible is not a good idea. Lots of people think other folks would be fine, and all their problems would be solved, if they just had more money. That�s not generally the case. You need to ask yourself if giving this young man a bunch of cash would really, truly help him. More than likely, the answer is no.

You obviously love this kid, and you�ve got a generous heart. But under the circumstances, it might be a good idea to attach a few strings to any cash. Don�t make him jump through a bunch of hoops for no reason, though. I�m talking about teachable moment-type things that will help train and educate him to handle his finances in a more responsible and productive way.

There are lots of paths you could take. You might require that he start living on a written, monthly budget, that the two of you go over together for the first few months. Sitting down with a good financial coach�one with the heart of a teacher�is something you might consider throwing out there, as well.

In my mind, this approach is fair to everyone involved. It allows you to help him help himself, instead of just handing him something that may or may not be a blessing.

�Dave

Tags: businessBusiness & FinanceDave Says
Previous Post

Local churches and businesses deliver 300 meals to frontline workers

Next Post

OhioHealth Shares Plans for Reopening

Next Post
OhioHealth Berger Hospital

OhioHealth Shares Plans for Reopening

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Choose Your News

  • Home
  • About
  • Contact
  • Advertise
  • View Digital Issues
  • Subscribe
  • Features
  • Informative
  • Interactive
  • Inspiring
  • Reader’s Contest
  • Dave Says
  • Max Life
  • Poetic Pauses
  • Home & Garden
  • Business
  • 404
  • About
  • Account
  • Advertise
  • Business Review Inquiry
  • Calendar of Events
  • Cart
  • Celebration of Life
  • Comics
  • Community
  • Contact
  • Coupons
  • Fayette County Stories
  • Features
  • Home
  • Home – All Post
  • Home 1
  • Home 2
  • Home Test
  • My account
  • Podcast
  • Radio
  • Read Current Digital Edition of Dimple Times
  • Reader’s Contest
  • Roundtown Christmas Light Contest – 2020
  • Shop
  • Store
  • Subscribe
  • Vote

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • 404
  • About
    • Copyright Notice
    • Distribution
      • Where to find
    • Our Advertisers
    • Privacy Policy
    • Terms and Conditions
    • Disclaimer
  • Account
  • Advertise
    • Building Your Audience
    • Why Dimple Times?
  • Business Review Inquiry
  • Calendar of Events
  • Cart
  • Celebration of Life
  • Comics
    • Esther & Forrest
    • Happy Circa
    • Pumpkin Rollers
    • Toilet Talez
  • Community
    • Community Sponsors
    • Dimple Bites
    • Events
    • Fairfield County Events
      • Fairfield County Stories
    • Fayette County Events
    • Pickaway County Events
      • Pickaway County Stories
    • Ross County Events
      • Ross County Stories
  • Contact
    • Ask a gardener
    • Become a Contributor
  • Coupons
  • Fayette County Stories
  • Features
  • Home
  • Home – All Post
  • Home 1
  • Home 2
  • Home Test
  • My account
  • Podcast
  • Radio
    • Song Request
  • Read Current Digital Edition of Dimple Times
  • Reader’s Contest
  • Roundtown Christmas Light Contest – 2020
  • Shop
  • Store
  • Subscribe
  • Vote

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.