One of the great gifts in my childhood was the circa 1988 Consumer Reports magazine Penny Power. My Dad always had me stocked with a subscription and, oh, how I savored those issues. They were always chock full of real kids’ assessments of toys I wanted too. Did they last? Were they fun for more than a day? Did that tiny oven really make delicious mini-cupcakes?
The great take-away from all those issues I read is that money is about choices, whether you are 8 or 40. To build wealth, sometimes you have to pass on the Sea Monkeys. In my next post I will share some thoughts on choices we make as adults that may be keeping us from building real savings.