I am definitely not an affluent Hispanic mom but I sure can relate to this recent study released by Mass Mutual. The survey found that affluent Hispanic moms with household incomes greater than $100,000 are working to be financially responsible while managing all the household responsibilities. Working our way to be affluent, I'd say that we are trying to be more financially responsible too. I think these days all moms are concerned about the state of our families' finances.
25% of these moms see themselves as the savers and their husbands as the spenders. Again, I can relate. So true! When we're not in budget mode, my husband will spend like it's his job. I let him go a little crazy because he deserves to enjoy things.
Another finding from the survey I enjoyed reading is that these moms are starting to educate their children on finances at 6.9 years old. This is me clapping. My sons all have a Christmas budget of $100 and a Birthday limit of $25-50 each. My sons are not spoiled and even if we were wealthy they would not be spoiled. The lesson in having children on a budget is that they will bring financial responsibility with them into adulthood! Yes I learned from my mom! I am so happy they enjoy going thrifting with us and have no problem buying used clothes --- other lessons are learned: reusing and recycling. All these little steps train your littles for the big picture! Pass your knowledge down!
Join
Latina Mom Bloggers and MassMutual on April 25 from 9-10:30pm ET for the #MoneyMami Twitter Party! We’ll be discussing the
results of the Mom Survey and sharing tips on household budgeting and finances.
Of course, there will be prizes too, including a computer tablet and gift
cards! RSVP starting on April 18th, by visiting www.latinamombloggers.com.
I wrote this post as part of my
participation in a blog tour for Latina MomBloggers on behalf of MassMutual
and received compensation to thank me for taking the time to participate. However, all opinions expressed are my own.
