Today's Word: Debt

What a Frugal Momma Thinks Debt Means:
Debt is something you do not want to be in. Debt is everything that you are trying to avoid. Debt is a naughty word.

Example: Billy’s mom and dad seem to be having some money issues. They went out and bought themselves a car that they couldn’t afford and now they are really in some serious debt. Well, at least they will look like they have money when they are riding around in that giant SUV. I sure wouldn’t want to pay for the gas on that car.

What Your Kids Think Debt Means:
Debt means no.

Example: Man, my mom is so freakin lame. All I asked for was a hundred dollar pair of Abercrombie jeans and she said no. She gave me some crappy answer about not wanting to go into debt so that I could have one pair of jeans. Billy’s parents bought him a pair AND they got a new car- he’s so lucky!