FIRE Station Fun – Price / Value Equation

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Our son is working part-time this summer and is off to college this fall.  He is pretty good with his money at this point of his life and shows a lot of interest in frugal living and how money works.  I like to think that I am helping teach my son about financial independence & the opportunity to retire early (FIRE) by setting a good example.

At the same time, I worry that I have taught him that w*rk is a four-letter word and that he won’t be committed enough to it to be as successful as I know he can be. Afterall, I’ve chucked my perfectly good career for a life of goofing off!

Regardless, I am certain he will understand the VALUE of his time, relative to the PRICE someone else will pay.  Afterall, if you are not working aggressively toward your own ‘FIRE Escape’ you are not valuing your time as much as your employer.

Image Credit: Pixabay; MrFireStation.com

 

4 thoughts on “FIRE Station Fun – Price / Value Equation

  1. You’re laid out a great example for him. I’m sure he’s thinking about money and time differently than many of his friends. It’s one of the things I’m most excited to watch as my three children begin their financial lives.

    Liked by 1 person

    • He’s working this summer and saving his money pretty well. He bought a laptop for college with his grad party money.

      Like

  2. Valid concern, but I’m sure he realizes that if he doesn’t value work and work hard for a living, than there will be no FIRE.

    I think you should be proud in the example you set for him and he had a front row seat to see how you did it. Very valuable for him I’m sure!

    Liked by 1 person

    • Thanks for the comment, Green Swan. It is quite hard to predict what your children will do, but he does seem to at least have a strong interest in personal finance.

      Like

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