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