I’ve been writing a lot for Black Enterprise magazine and Essence magazine in the last few months about people who are doing a great job of keeping it rich. It inspired me to write this entry. Often times when we think of being rich, we think of people with fur coats, yachts, and diamonds. But I don’t. I believe keeping it rich is a mindset defined by the individual. Rich for me may not be rich for you. I’m good with a house, some grass and a good public school system. That’s rich for me. But I’m fortunate to interview people who keep it rich with much less than me and those who keep it rich with a great deal more than me.
Holiday Spending on Kids
Speaking with Madamenoire.com‘s Mommy In Chief host Karyn Parsons (formerly Hillary on Fresh Prince of Bel Air) reminded me how to keep costs down this holiday season. Here are some of the money tips I share on how to spend wisely on kids:
- Contribute to 529 college plans for bday and holidays and let family buy toys, luxuries
- Set a budget for extra curricular activities
- Shop thrift stores and yard sales for clothing and kid furniture
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