This week while driving to a child event:
Sarah: "Dad, you know this debt snowball thing? When you and Mom are done, can we go on a vacation to Disneyland."Man I wish! If I had a credit card I'd be tempted to charge it just for my sweetie.
Me: "That would be excellent, sweetie!"
Sarah: (In typical quick-thinking-strike-while-its-hot-she'll-be-in-sales fashion) "This summer?"
While driving away from the window at McDonald's:
Josh: "Dad!! Did you just charge that? Did you just go into debt for Happy Meals?"On and on the conversation went until we pulled in the driveway. Josh is a thinker and invites my direct teaching - he's also a challenger and it helps keep me sharp. Our sit down McDonald's meal lasted 2.34859 seconds leaving me feeling guilty that I fed poison to my children again and dropped a $20 at the altar of ease.
Me: "No son, I used the Debit card."
Josh: "Dad?! The card said Mastercard! Are you sure? I think you charged it."
Me: "No son, Debit means cash. There is cash in the bank to pay for that meal."
Josh: "How do you know how much cash is in the bank."
Me: "We keep a budget and watch it very closely.'
Josh: "What's a budget?"