Mothering Corner

I read from The Star yesterday that everything is getting more expensive. If I would to pay for the household expenses, I will be very stressed right now as I don’t think the money I made is enough for the family. We are living in an extended family and the house is quite big. Our month expenses on utilities and food are generally double the expenses of smaller families. Even if hubby shares out with BIL, but the amount of money is still a lot.

Thus, one of the ways of generating mney is invest in options trading. By doing so, maybe the money will grow faster. However, I will probably need to get the iron condor by Condor Options. These iron condors are not like stock trading, forex, futures any others as I don’t have to monitor the market all day long as they do not need a of adjustment and Condor Options will watch the market for me. Furthermore, without the experience in trading, I am so scared of losing money! So if I would to go for this, I need help from the professionals.

I guess the other way of living in this condition is to control the spending if we are not making more money. But all the money matters is under hubby’s responsibility. I can help out but he prefers to do this on his own. So, as long as we are still living with what we are having now, I am happy with it. We are really blessed, and it’s more than enough.

I may be a big spender, but I didn’t spend much buying baby products when my kids were younger. Most of their things were being handed down by their cousins and I saved up a lot of money during the first year of their lives. The only expensive thing I bought for each of them is the car seat. Other than that, we didn’t use a lot of money.

Since expecting a baby needs a lot of money, and if you are paying with credit cards, it will be wise to get Cash Back Cards for the payments. At least you will still be able to get some cash redemption from the points collected and the cash can be used for other purposes.

So, plan your financial wisely before you have a baby. You will see that money is really needed in all aspect after a baby comes along.

My boy has been asking me to knit more tees for him. I can knit very fast if I have the time to as I finished his Winnie the Pooh tee in 5 days. However, it was really tiring. Now, I try to knit slowly while enjoying the quiet moment I have as I only knit those difficult projects which I need to refer to diagram when my kids are sleeping.

I love knitting because I enjoy the process of making something nice and personalized for my children. But buying yarns is a painful experience as they are so expensive here! Unless you want to go for those cheap yarns, which I prefer not to as my kids have sensitive skin, I only go for cotton for them. But if you really don’t have the cash, you can use your credit cards for the purchase, and only pay back the debt later. I only suggest credit cards if you have the ability to pay off your debt. Besides, you can consider getting the cards from Mint Credit Card, only if you are a UK citizen. You can check out the details from their official site.

BTW, I notice that other mothers like to do scrapbook for their children. That is something I’m still struggling on.

I used to have a teacher whom I think is one of the strongest person I know. I don’t mean that she’ physically strong, but she had been through a lot and she is facing her obstacles well, and still able to remain as cheerful as she is. *if you are reading this, sms me later, *

Her mother had an accident when she was in her teens and she lost one of her legs. What amazed me was she didn’t use a clutch but she hopped around to be mobile in the house. I’m not joking! During that time, she didn’t know anything about Structured Settlements and I don’t think she had any compensation from the party that knocked her down. She couldn’t work so she took care of other children at home as a living. She thought that she wouldn’t be able to get married, and thus she adopted my friend. Luckily, they were very positive about their lives even if they might not be rich. Her mother passed away 2 years ago due to breast cancer, she is still a happy person like she used. She’s not pretending, but trying to face her life as strong as she can be.

If her mother had a Structured Settlements last time, maybe they could get some money at times of emergency. But what is in the past is already in the past. If it’s not because of the hardship throughout the years, she will not be who she is right now.

*ok, SMS me now. LOL!*

I don’t think marriage and parenthood is a bed of roses. If you are not getting into these with the right person, things can be really chaotic. Hubby and I have come to the decision that if we can’t find the house that both of us agree on, we won’t buy any. Getting a house means tying ourselves down with Mortgages, so we will have to think carefully about this. Furthermore, it’s not like we don’t have a place to stay right now as this house is quite spacious, even if there are so many of us living under the same roof.

But if you are looking for cheap mortgages, check out the deals from Nations Finance and Compare mortgages from one company to another before making up your mind. When it comes to money, it’s better to take the right step then rushing over it. Besides, if you have a family to support, things are not as easily said.

So, let me look for my dream house first. Hubby and I still cannot agree on any.

I have the tendency to spoil my kids on their demands like if they ask for an expensive toy, I will just get one for them. Hubby said this is too much spoiling for them and he would like me to control my shopping spree on them occasionally. I think it’s just me that can’t resist my kids’ demands and I feel happy seeing how happy they are. But I know I have to stop this spending habit now as I’m only showing them that they can get whatever they want and they might not turn out to be appreciative. Furthermore, they might turn out to be shopping monsters later when they grow up!

What if my kids have trouble controlling their spending and ended up with lots of debts? It’s very common for youngsters to declare bankruptcy due to their overwhelming credit card debt. Unless they know how to get Credit Card Debt Help or Credit Card Debt Consolidation, but most of the time they are clueless about what to do but asking money from the parents.

So, I think I will try to keep it to not more than 3 toys each per kid now. That should be good enough.

When I read about news of some people decided to end their lives and left their kids behind, I would be wondering what’s on their mind that urge them to come to that decision. Maybe they were desperate, or depressed, they couldn’t think much about what to do at that moment.

It’s not their fault, I can understand how bad it feels like to be helpless and just want to leave everything behind. When it comes to financial difficulties, I have close friends who had really bad experience about it and they were left with no money, no friends, and no help. It really felt like end of the world to them. If they were not strong enough, they would have jump off the building. But their credit card debts, they can apply for Credit Card Consolidation for temporary Debt Relief. But for business debt, it’s a bit harder.

So, only I really admire how strong and determined they are in going through this hardship. It’s not easy, but they have gone out of it successfully. I am very happy to see that they are back on the track. If things like this happen to me, I doubt I will be that strong.

Finally, after months of persuasion, MIL has agreed on getting a house insurance for our home. There are so many of us staying under the same roof and we have lots of belongings in the house which are highly valued too. If something bad happened, how are we going to rebuild the house again? Just thinking about the 6 figure digits of money is enough to scare me off.

Thus, it’s always better to have your house insured. It’s not a financial burden, in fact it’s providing financial security to your family at time when there is a fire or burglary. Just take a plan that is affordable and suitable for you.

Let’s see what are the plans that our agent is proposing within these few days.

I have seen some friends going up and down in their lives. Some of them have been through riches and moderate lives in just one year. Maybe it’s the business nature as some businesses, especially those “illegal” ones will bring in money faster. That’s why they have such a big changes in a year.

If I’m in such a sticky situation, I will not let my kids be affected. I won’t let them know about my worries or hardship in financial because they are still too young to understand much. To me, childhood should be filled with happiness and laughters, and leave the worries to the parents who will be busy mingling with the Debt Relief and Credit Card Consolidation. I will still do my best in providing them in all aspect. So, what about you? How’s you approach?

Being in a family which business based, I have always had this concept in my mind. When you have the wealth, make good use of it. It will never be there for you, forever. But then it’s up to us to manage it. If it’s gone, life still goes on. Gee…it sounded very sad huh? But if I’m still single, I don’t care much about wealth. But with 2 young kids now, I have to think about building a better and more solid financial base for them.

My mum asked me if I have future plans for my kids since I shop a lot. Of course I do! I have insurances and savings for them since they are babies because I know that tertiary education needs a lot of money. Furthermore, we don’t have the privilege like Bumiputera, so we have to work harder to better secure our children’s future.

But if my kids are doing well in academic, then they can apply for scholarships or education grants. That will put some burden off for us financially, especially if they want to pursue their education oversea.

Even if they are not in kindergarten yet, but I have already thought of university. Maybe I have been thinking too much.