Watching generation Xers # 3

Transcript

 I’m Miriam  Neff,  and I’m Valerie Neff Hogan, with Wise Women Managing Money

 M We’ve noted that millennials and generation Xers inherited 3 good financial habits from their parents.  Frugality, knowing the value of hard earned money, and the impact of education as good paths to financial success. 

 V  Note that all of these are biblical.  Frugality.  Spend less than you earn, Proverbs 24: 27.  A good work ethic (throughout the bible). Learn and be wise. We would add that recent statistics show that college debt, which in 2020 was $28,400 is not wise.  Certifications, trade apprenticeships, and other learning opportunities are great. 

 M This research simply highlights that biblical principles on finances are good for all.As families, we have the great opportunity to teach them through our words and actions.A great inheritance for sure.