Information Related to "Don't Leave Home Without It"
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Most
of us have seen or heard a commercial using the slogan, "Don't
Leave Home Without It." In one scenario, a woman is calling up a cab
company to tell them that all her vacation money is in the cab in which
she was riding. She is now without any money in a large city and she's
far from home. The bottom line in this commercial is that if she had
been wise with her money, she would have carried the advertiser's product,
which would have insured her loss.
Money is a tool and everyone needs the knowledge and understanding to properly
use it. We can use it to make purchases using cash, checks, credit and
debit cards. As a tool, we have the choice of spending our money or saving
it. We can use money wisely or foolishly. How well do you use the money
that is available to you? What knowledge concerning money do you need to
know before leaving home?
Consider this person's story from the book, It Doesn't Grow on Trees, by Joan Ross Peterson: "Larry's parents gave him every advantage while he was growing up. He attended an excellent private school, went to camp in the summer, enrolled in a prestigious university, graduated, was married, and went to work in his father's company. Six years later, his father died and the company was bought by a competitor. As a result, Larry inherited close to a million dollars. 'It didn't take me long to lose it,' he told me, 'and now, even with my wife working, I'm worried about how I'm going to put my kids through college.' Larry's story is repeated over and over again by others; the only variant is the amount of money involved" (p. 12).
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