A Mom's Reaction To The Bad Economy

For me and so many of my friends, this is the first time in our adult lives that we have experienced such an economic crisis.  All around me I hear stories of cutting back, friends losing jobs, 401K's vanishing.  We are a people so clearly without control of our financial destinies! ...Or so it feels...

In my own family we are cutting back, watching the food consumption (oh, did I mention the 6'3" teenager I have?)  My kids even watch the gas prices at the pump, and recently cheered when the total was actually under $60.00!!!  Like many parents I look for "teaching moments" with my kids, what better time to learn the value of a dollar?  While driving with my seven year old son recently, I learned just how much of the bad economy vibe he was absorbing.  While discussing Halloween he informed me that this year he would be making his own costume..."to save you money Mommy..."  He then pointed to a cut up piece of construction paper stapled to his shirt.  At first I laughed, and then I told him how sweet and creative he was.(see? good and caring Mother)  After pondering this for a few minutes, two things hit me.  A) Even though he is my third child, I am still amazed at how much they take in.  After all, it's not as if we are in danger of losing our home...we are not starving...We are being cautious.  and B) This project of his explains all the holes and random staples I've been finding in his clothes!  As it turned out, he recycled an old costume...He was a clone trooper, I'm sure no one but me noticed it was three inches to short!

I suddenly realized all the things that had slowly started to change for us.  Without even realizing it, our family time had begun to change.  Like most people I know we had fallen into routines of dinners out, movies with the kids, and shopping as a past time.  To be fair, I can shop a sale like no body's business!  But as my husband said not to long ago..."Stop saving me money!"  So alas, even the shopping is mostly on the back burner...Whatever is a family of five in the year 2008 supposed to do for fun?  Well, as it turns out..."Making" your kids (even the 6'3" teenage boy) go for a walk around town can be a lot of fun!  Especially when my husband created a new game, whereby he puts a dollar under a rock, counts to three...and every family member races to get the money first....As I said these are hard economic times!  One person was tackled, two people fell down, one child almost crushed (saved by before mentioned good Mother) and five people were laughing so hard there were actual tears!

It took a simple observation from a small child, to open my eyes to the many blessings happening in my family.   Joy filled my heart as I realized how we were bonding, how we were talking and laughing.  I realized that my children are listening to everything we say...Well, not everything, but definitely the things I don't think they are listening to!  They are observing the world we live in, and learning from how we react to it as a family.  Our lives have changed for the better.  Not financially at the moment, but in a way that we will carry with us.I now look forward to sitting on the couch with my husband and a glass of wine,  the way I used to look forward to going to the latest restaurant!  What I've learned is that my kids actually want us around.  I know that won't last forever, but I've got it now.  I wonder if I would have missed that message from them if we hadn't had to cut back?

While I am scared for our country, and uncertain of our next few years, I do know this...I will never forget the lessons my children have taught me, what they have showed me they really need, by the way they have embraced this bad economy.

By Krista Michalowicz

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Category: Your Belief System
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  • Rick Sapino

    I am going to have my wife read this when I get home from work. Great post!

    Happy to be a dad.

  • http://www.stopyourdrama.com Marlene Chism

    Dear Krista
    Thank you for this wonderful article.
    I believe there is GOOD all around us but we have to be willing to read the signs. You have demonstrated how to get past the illusion of “BAD Economy” and to see the BLESSING tucked inside. I would LOVE to use your article in my blog.
    Please contact me by e-mail if this is possible.

    Marlene Chism
    marlenechism@mchsi.com

  • http://www.activeport.com Julie Fogg

    My kid has noticed the economy too. She is 8 years old and it is amazing what they notice. She has always been a saver but now she is into coupons (something that I’m not into). I encourage and praise her when she reminds me to use a coupon telling her that she just “made a dollar.” She doesn’t get that saving money is just like making money, but she is trying hard to grasp the concept and I’m enjoying our discussions. Great article. I think I will have my child unit read it when she gets home tonight. The money race for a dollar sounds fun! :)

  • Margaret

    Krista,

    What a wonderful, heartfelt article! Leave it to you to find good in a bad economy. Our lives our filled with so many distractions. It’s only when we slow down that we’re able to see what is truly important. Thanks for the reminder :-)

  • Hank Paulson

    lol Don’t worry, the fundamentals of the economy are in great shape.

  • Krista Michalowicz

    Thank you to everyone for reading my article. I really appreciate the thoughts.

  • Lisa Hayes

    Great advice from a knows-where-it’s-at Mom. A bad economy can teach us a lot of good things. How to save and not squander. How to appreciate the things that are important and fun … but not expensive. It’s a good time to rediscover family and values. Perhaps we’ll all emerge just a little richer for the experience.

  • http://www.renegadeceos.com Shonika Proctor, Teen Biz Coach

    WOW! Look at Madame TPE representin’ and bringing even more phresh baked ideas out of the Michalowicz oven :)

    But seriously, you are right on Krista. Living a life of abundance is truly about tuning in to everyone and everything around you and learning to see things as tools that most people see as obtacles.

    Especially with the holidays coming up, people don’t need to focus on being without and what they don’t have. They need to remember, nurture and appreciate those people and things in their lives that they do have. Kids especially love to be listened to and to have discussion not repercussion. Unfortunately sometimes it takes the hard times to revive & enhance the good times.