We asked our Facebook friends a couple of questions about how their parents had a positive impact on their children. We want to build a brainstorming list of ideas to encourage money smart grandparents to be active participants in their grandchild’s life. Please add your comments to the bottom of this page—we’d love your input.
We’re wanting to encourage a grandchild’s development of financial independence.
Note: All comments go through a manual approval process—so it may take a few days to show up.
Question 1: If your child’s grandparents (your in-laws or parents) could help your family with their financial and relational resources, what would you wish for?
Money Smart Grandparents Help with Activities
Money Smart Grandparents Enjoy Spending Time with the Kids
- Amy Jordan said that keeping the kids a few days a week would save us a great deal of $ on daycare.
- Selina McNelley said: my parents fulfill a lot of the things I thought I would be wishing for help on. My mom is the babysitter most the time and since she works for my dad she can take the kids to the office with her. It’s great since we have a newborn and most daycares here don’t take a child under 6 months. They also help with clothes and any other bigger purchases I need for the kids.
- Candace Morris Van Horn said: I wish the grandparents would be involved with my children. I wish they would attend any activity to show their support. I also wish they would spend time with the children.
Money Smart Grandparents Help with Education
Rochelle North help w/ private school tuition.
Cheryl Solt-Jones said: college
Money Smart Grandparents Give Time
- Carla Parazine said: When I was a young parent (long ago) it would have been nothing monetary, (cause looking at some of these posts I think you all are doing way too much for and not spending enough time with) but just as my parents did, time, love, attention, wisdom, memories, moral direction were what my heart desired…and they came through perfectly. Thanks, mom and dad.
- Melodee Campbell said: I am blessed with lovingly involved parents, mother-in-law, and grandmother. For 14+ years, one or another of them has offered to: take the (4) kids overnight at least once a month (not always at the same time!), help cover the costs of activities, take the kids back-to-school shopping, provide a loving presence at activities when my husband or I cannot be there, stayed with younger siblings so that we can spend focused time with the older kids… We have SO appreciated this support and the extra hands. Our kids would not be able to be involved in the many activities they have enjoyed without this group! This IS what I would wish for! 🙂
Money Smart Grandparents Provide Financial Assistance
- Cindy Hatfield Chamberlain said: I would love to be able to stay at home with my kids but I can’t because of the extremely high cost of health insurance. So…I’d wish for them to pay our health insurance so I could be a stay-at-home mom.
- Lisa Collins Irvine said: Well, my mom already helps pay for music lessons and when we have had to repair something with the house, but if I could make a wish, it would be for a bigger house. As far as relational, she is always there for all of us!
- Marlene Mahon-Duncan said: humm…all the money that my in-laws spends on “Stuff” for the kids, easter baskets, Halloween junk etc. Take and put in a fund for something BIG like a weekend in a nearby city, or a FAMILY trip to Disney. Then the memories with the grandkids will be bigger and better vs trips to the dollar store.
Question 2: How have your parents or your in-laws (your kids’ grandparents) helped or hindered the development of your children’s financial training.
Finances for the College and the Future
If your parents have had a financial impact on you or your children please share your story below – we love learning from you all!