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Working Mothers Have More

I just read a great post today from The Mama Bee, a really smart blog that I hope all of you check out.  The topic was on child development and parent interaction.  One research found that educated, affluent working moms invest more in their children’s development than less affluent moms.  It’s not just that they have the money and therefore will spend it.  It’s that they actively choose to invest the funds in their kids versus other things

This made me think not only about what a positive force working moms are in today’s society, but also about our attitudes towards money in general.  I remember years ago attending a seminar on money management.  The person on stage asked the audience how many people wanted to have $1 million.  Everyone raise their hand.  Then the person asked, how about $5 million?  All the hands stayed up.  When he asked, “how about $10 million?”, hands started to go down. “20 million?”  More hands down.  By the time he got to $40 million only a few people, out of more than 500, had thier hands up.  Then the facilitator asked a question I will never forget - “Why don’t you want $40 million?  Do you think it’s more than you need?  How much more good do you think you could do in the word if you had $40 million?”

That experience totally turned my beliefs about money - it’s not OK for me to just strive to have enough so me and my famiy are comfortable - the more I have, the more I can do with it.  I immediately started thinking bigger and the impact I could have.  My book was born, and even bigger plans are in the works!  After all the vacations, new clothes, and multiple homes, what would you spend your $40 million on?

1 Comment

  1. Roberta Robson-McGlone Says:

    What would I do with 40 million dollars:
    *make a sizeable donation to St. Judes Children’s Hospital
    *make a donation to my church and pay to have the organ restored to full working order and dedicate to the memory of my grandparents.
    *set up a scholarship fund at my high school
    *set up a matching fund college scholarship program for my kids and all of my nieces, nephews cousins and God children
    *pay off all of my debts
    *repair and upgrdes to my house
    *pay off debts and mortages of my siblings and other close family members
    *get my Dad a fully loaded Cadillac
    *take care of my elderly relatives
    *do special things for my Godparents
    *travel everywhere and bring anyone who wants to come along!
    *by the Ghetto party store at the end of my block, level it and create a park with a bell tower and dedicate it to my Grandparents

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