Learning the Value of $160

This post is sponsored by Vanguard, but the content and opinions expressed here are my own.

We took our kids to an Escape Room to teach them the value of $160. What an experience! Learn more about the value of your investments! #ad #investyourcash

Talk about fun! We took our kids to an escape room over the weekend.

Now to be fair, I’d never done anything like that, nor wanted to, until I participated in an escape room for a surprise birthday party in October. I was with about 10 other adults, and we were blindfolded and split in half – each of our groups locked in a different dungeon. We had to free each other and escape the dungeon. It was insane! I was super nervous for it but I knew it was in good fun and I could laugh and deduce and all around enjoy the experience. And by the way, we DID make it out of there! Flash forward to the weekend. I wanted to do a family experience that would cost $160 exactly.

Enter, a kid-friendly escape room!

We took our kids to an Escape Room to teach them the value of $160. What an experience! Learn more about the value of your investments! #ad #investyourcash

Oh, what fun! My kids were super intrigued by it and both love wizards so we chose a missing magic wand themed escape room. Now I couldn’t take pictures or videos IN the escape room, so as not to ruin the fun for other families, but I was able to share photos before and after – especially when we ESCAPED! And escape we did! Des was truly scared we wouldn’t escape and would actually never escape, but he was later able to see that the whole day was for fun, and for family.

We took our kids to an Escape Room to teach them the value of $160. What an experience! Learn more about the value of your investments! #ad #investyourcash

Let’s talk about the value of $160.

I think that was the key part in it. We pick and choose what we do as a family. Obviously we have a budget and also want to give the kids meaningful experiences, but not necessarily expensive ones – at least not every day. They had to learn that this was truly something special. We set a budget of exactly $160 and stayed within budget as well. It makes me think about how much thought goes into how we spend money. According to recent data, if you hold $10,000 in cash, you could earn about $170 in a year, at the current average yields of money market mutual funds. In a bank savings account, you’d only make about $10.*

We took our kids to an Escape Room to teach them the value of $160. What an experience! Learn more about the value of your investments! #ad #investyourcash

Why $160? While it may not seem like a lot to some, it adds up over time. If I chose a higher-yielding cash account it could allow me to experience more of these fun and memorable moments. I think it’s important to assess my options and determine which provider best fits into my plan, in order to get the most out of my cash. Some companies, like Vanguard, are built in a way that aligns to my interests better. Have you looked at your cash investments recently? If not, maybe it’s time to ask yourself some important questions. Are you getting the most from your cash? Does your financial provider have your best interests at heart?

Vanguard does.

We took our kids to an Escape Room to teach them the value of $160. What an experience! Learn more about the value of your investments! #ad #investyourcash

We took our kids to an Escape Room to teach them the value of $160. What an experience! Learn more about the value of your investments! #ad #investyourcash

Rather than buying toys that would be forgotten this weekend, I invested my $160 into my family and an experience. I love that the memories of this experience are precious, and you can’t put a price tag on that. Vanguard believes that cash accounts are not created equally, and I do too. $160 can be used in millions of different ways. This is what we chose:

Check out more at Vanguard.

So, what would you do with $160 with your family?

We took our kids to an Escape Room to teach them the value of $160. What an experience! Learn more about the value of your investments! #ad #investyourcash

This post is sponsored by Vanguard, but the content and opinions expressed here are my own.

*This illustration uses 1.69% average yield for money market mutual funds and 0.09% national average yield for bank savings, both as of 9/30/2018, according to cranedata.com and bankrate.com. These rates are not guaranteed. Vanguard is owned by its funds, which in turn are owned by their investors. All investing is subject to risk, including the possible loss of the money you invest. Bank deposits are guaranteed (within limits) as to principal and interest by an agency of the federal government. There may be other material differences between products that should be considered before investing.

Don’t Let Your Finances Impact Your Family Life!

As you guys know, I’ve been all about finances lately. Something about Des starting kindergarten made the rest of my life flash before my eyes! That’s a slight exaggeration, but I do think about savings now more than ever. That’s why I love giving financial tips. I like to believe I’m learning so much as I share, or sharing so much as I learn. Either way works. Enjoy!

Let’s face it, no matter what you’ve got going on in your life, there is always going to be one thing that will cause just about anyone a pretty hefty amount of stress and anxiety. That thing is, of course, money. It doesn’t matter who you are, you’re always going to end up having to build a lot of your life around your finances. This can be especially tough if you’ve got a family to look after. After all, you want the best for your family but when you’re constantly worrying about money, it can often feel impossible to do that. Not only that but no matter how much you might want to avoid it, it’s incredibly easy to let your money worries bleed into the rest of your family life. Luckily, that’s not the way things have to be. With that in mind, here are some things that you can do in order to stop your finances from impacting your family life.

A clear budget is your best friend

If you want to avoid letting your finances reach a point where you’re constantly worrying about them then the best thing that you can do is to keep a clear budget so that you don’t end up spending more than you can really afford. Keeping track of all of the expenses both big and small is the only way that you’re going to be able to avoid falling into the trap of emptying out your bank balance without realising it.

Make time for each other

If there’s one cliche that you’ve probably heard a million times it’s that the best things in life are free. Well, it turns out that, like most cliches, that’s pretty true. If there’s one thing that’s more valuable than anything else, and won’t cost you a thing, it’s the time that you and your family spend together. Going for a walk in the woods or curling up under a blanket to have a movie night are great ways to spend quality time with your family without spending any money.

It’s okay to treat yourselves

Of course, you shouldn’t feel as though you should never spend any money. After all, that’s just going to end up making life more stressful than before. It’s okay to treat yourself and your family, even when you’re living on a budget. The best thing to do is to look out for the best possible deals. Things like Smyths Toys voucher codes or discounts at your favourite stores are a great way to treat yourselves without spending huge amounts. forcing yourself to never buy anything you want is just going to make you all feel miserable.

You might be tempted to try and keep your money worries from your partner and your kids but the truth is that trying to take on everything yourself is just going to make your life a lot harder than it really needs to be. Make sure that you and your partner talk about your finances so that you can support one another. And you might think the kids aren’t ready for that sort of thing but being able to talk to them openly about money is going to help prepare them for adulthood and avoid falling into the same problems that you might be facing.