Leaving a Legacy

In light of Mother’s Day, I want to share some money precepts that I’m passing on to my daughter in a handwritten letter. Collectively, this will be the foundation for all my financial aphorisms to her. They are brief, clear, and to the point—sometimes blunt—because some life lessons are best shared without any sugar-coating. Please feel free to re-create and share these with those you care about, adding your own touch or experiences as you pass them on to the next generation.

Spending

Let’s start with the fun one. Write down the things that are important to you. After this, write down the things you’ve spent your money on. Go ahead and include the things you’ve asked for for your birthday and Christmas. Is there a correlation between what’s important to you and what you’ve spent money on? Money is a resource, and how you use it is a reflection of your priorities.

Saving

I hope you’ve already found delight in this one: saving. Naturally, if the spending analysis you just did went well, you’re more likely to succeed in this area. Why? Because you are being intentional. I have endless stories for you about tricks or methods I’ve used to save money. To summarize, don’t be lazy. Habits that provoke spending more money than you should are rooted in laziness. Get creative. Make sacrifices often. Study and understand present value of money. If you want to build wealth, these are your drivers.

Budgeting

I’m going to be direct here. Failing to create a gauge for the inflows and outflows of your money is absolute nonsensical. Jesus’s grace is the only well that never runs dry. We all have money constraints we must manage. When you have a grip on your finances, you’ll do these three things: make wise decisions, be prepared for the unexpected, and use it for the things that actually matter to you.

Giving

Finally, if only one of these proverbs sticks with you, let it be this one. When you feel inclined to give, give freely. Throw all mental accounting aside and listen to your heart. If at first you’re not confident, ask questions. Take time to listen to someone’s story. Take time to share your own. By this, you will gain wisdom and trust in your discernment. You will also inspire others to do the same. Generosity is THE most valuable legacy tool.

To my readers, I sure hope you enjoy Mother’s Day. Give your mom a call. Give your friends’ moms a call. Take time to be thankful for the women in your life and reflect on those who have shaped you into who you are today.

If you’re a mom, be proud. What you do and say will stick with others. Why? Because a woman knows best.

Luke 2:51

May 2026