When Helping Is Hurting: What NOT to Do for Your Kids

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What parents don’t want their children to follow their dreams, land a solid job, have strong relationships and family, and enjoy a great life? We want them to be happy. We want them to be well-regarded by others. We want them to be successful.

But, here’s the rub. In a genuine effort to help our kids be happy and successful, there are some things we parents can do that are extremely counterproductive and actually work against our objectives.

Those who commonly work with young adults (e.g., teachers and administrators from high schools and universities, employers, etc.) report growing issues with this younger generation, four of which are particularly troubling: disrespect for authority, lack of social skills, apathy, and an entitlement mentality.  Guess where these particular issues generally originate–in the home! And, they are worsening, according to organizations receiving and trying to work with teens and young adults. The effects of media and culture aren’t helping either!

We can’t point the finger at anyone else on this one. It’s our job as parents to do our part and to help reverse this course, and the younger we can start with our kids, the better. From a parenting perspective, consider this scenario:

Say two-year old Joey is hungry.  Mom says, “Joey, do you want a banana or some grapes?” Joey doesn’t want a banana or grapes. Joey wants a mango. Mom tells Joey he needs to eat what is offered to him. He pitches a fit.  What does Mom do next?  She sends Dad out to the store to buy a mango.  Mom and Dad are happy because Joey’s happy.  Everybody’s happy, right? Wrong.

If this style of parenting continues throughout Joey’s life, as it does for many, what do you think Joey will grow up thinking?  How about:

–       he will always have choices

–       his happiness and satisfaction should be priorities to the people around him

–       he doesn’t have to comply with what he is told to do

–       Mom will always advocate for him to get his way and come out on top

–       other people are there to serve him, not the other way around

Granted, this scenario is overly simplistic, but here’s the point we want to make: Out of our desire to provide the best for our children (and keep them happy), some of our parenting methods may be contributing to their perception that the world revolves around them. If this is the case, they’re in for a rude awakening when they leave home and find that the world owes them nothing. And this is exactly what is happening—in astronomical proportions.

Do you see how this can translate to their life after they leave our home? To their experience in college or the workplace? To interpersonal skills with professors, coaches, and other superiors? To a marriage?  Not very well! Here’s what it can looks like, now and later:

  • Parents doing their children’s homework, chores, etc.
  • Parents defending unacceptable behavior of their children in meetings with school officials
  • Parents complaining to and threatening educators, coaches, and employers when their children aren’t receiving their desired rewards
  • Parents whose lives and schedules are dominated by their children’s activities and wants
  • Young adults who call in “sick” at the last minute because they’ve found something better to do
  • Young adults who don’t take responsibility for their mistakes and shortfalls or show respect to others
  • Young adults who expect teachers and employers to accommodate them instead of the other way around

Entitlement is what we call this attitude, this sense that other people owe us something—that we are deserving, regardless of whether we have done anything to earn it. It stems from the parenting style just described and some undesirable consequences of the “self esteem movement.” As a result, children feel entitled to get their way, viewing rules as arbitrary and voluntary, their needs as paramount, and other people as existing to serve them. And parents, unwittingly, are generally the ones who are cultivating this mindset.

In order for us to give our young adults wings on which they can really fly, we can’t coddle or cave in to them. If we’ve been doing it up to this point (as revealed in our children’s behavior), we need to turn it around fast, before they get out into the real world.

We can’t set our kids up as the center of our universe and let them think the planets revolve around them. It may seem a short-term solution when they’re pitching a fit as a two-year old, or even as an immature teenager. But in the long run, it will come back to bite us—and them.

Dennis_Arlyn_smallerAdapted from Parenting for the Launch: Raising Teens to Succeed in the Real World, by Dennis Trittin and Arlyn Lawrence, available through LifeSmart Publishing and Atlas Books.

 

Unleash!

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There was a time I said, “No” a lot. After all, I was a busy exec with a 24-7 job and a growing family. My life spheres were narrowly focused on family, career, church, and friends. When opportunity knocked (often in the form of requests to serve), my answer was usually the same, “Thanks for asking, but I just can’t fit it in right now.”

Then, one day after a heart-to-heart with myself, I conceded that I wasn’t using all of me. I had some latent passions, but hadn’t created the capacity to pursue them. I decided I would start saying, “Yes.” To give more of me. To make room for new opportunities to serve causes and people I cared deeply about. To stretch myself with new responsibilities, even if they were outside of my comfort zone.

Ever since, my life has radically changed, with new meaning, new missions, new spheres, and new relationships with amazing people I would never have met had I kept saying, “No.” It’s been a profound change for the better.

2013 was a wonderful year for us on so many counts. Jeanne and I celebrated 31 years of marriage, graduated our youngest to pursue her dreams at a perfectly matched university, and watched our son embark on his new career and continue to serve God and others. How gratifying!

It was also a year when some of my biggest highlights were total surprises. Like co-authoring a new book, Parenting for the Launch, which wasn’t even conceived in the beginning of the year! Or, delivering my first Commencement speech—at a private school in Minneapolis! Or, shooting under par for the first time in my life! (And, not on a putt putt course!)

The New Year is a time for renewal and repurposing. For some, it’s also a time for new resolutions, although my highlights tend to be completely unpredictable at the beginning of the year. I love a good surprise, so my plans are always “written in pencil.” That way I can be attentive to (and save some room for) new opportunities for impact that come my way.

What stories do you have inside, just waiting to be told? What skills have been a little dormant and are ready for Prime Time? Who out there needs exactly what you have to offer? What passions are waiting to be pursued? What adventures are lurking if you would just make room and step outside of your comfort zone? What “Yes!” answer would have the greatest impact on others? And, you?

May 2014 be the year when you unleash you! Make it a great one.

Dennis_smaller~ Dennis Trittin

 

 

 

Here Today, Gone Tomorrow? Learn to Analyze Your Spending

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When it comes to “budgeting,” many find it right up there with dieting and root canals in terms of the pleasure factor. However, tracking your spending and disciplining yourself to live within your means and save for the future is definitely worth the effort. If budgeting is not a natural bent for you, don’t give up on the idea altogether. You just need a willing attitude and some good resources to help you stay disciplined and on track with your finances.

How do you stay on top of your financial game?

The basic report you should complete (on at least a quarterly basis) is a cash flow statement. This report tallies your income and expenses in several key categories. It’s the surest way to see whether you’re living within your means and where your spending may be excessive. After subtracting all of your expenses from your income, you’ll see whether your net cash flow for that period is positive or negative. Remember, the goal is positive, positive, positive!

There are many online tools to help analyze your cash flow  (e.g., www.quicken.com and www.mint.com). In the past, analyzing cash flow was a lot more work—you had to save your receipts and organize them manually. But nowadays, if you use a debit card and checks for your purchases and bills, and you link your bank account to your online budgeting program, it will automatically categorize your spending and indicate where your money is going. It will even send you an email in the middle of a month to let you know if you’re over budget in a particular category (it knows if you’ve been bad or good)!

Even if it’s just a 75-cent daily newspaper or a $3 latte as you head to work each morning, make sure you account for every single dollar you spend. That’s how you can see exactly where your money is going. You may be surprised when you look at your spending after even just a couple of weeks. The nickels and dimes add up!

Analyzing spending and developing budgets are great skills to develop in the young people in your life. For young adults just starting out, tracking their spending will help determine how much they can afford for rent/housing and a car, significant expenses each month. How much should average living expenses cost? The following are typical expenditure categories and the rough percentages each should represent:

  • Housing/rent (includes utilities)    30-35%
  • Household/personal items                     20
  • Autos/transportation                              10
  • Charitable giving                                      10
  • Savings and investments                        10+ (not an expenditure per se)
  • Entertainment and leisure                       7
  • Debt/loans                                                  5
  • Insurance                                                    5
  • Miscellaneous                                             3

While the above percentages are ballpark figures (and they do change through life),  spending more than five percent above these levels is getting “up there,” with the exception of savings and investments and loans for new college grads. It’s also important to reflect periodic expenses like gifts and vacations in a budget. Holiday spending tends to spike in December, as does vacation spending in the summer. Therefore, it pays to update statements on a monthly or quarterly basis to avoid underestimating expenses. Compare actual spending to these ballpark figures, and you’ll have a good sense of whether you’re overspending in particular categories. And, take special precautions against buying too much house or car—these fixed expenses get many people in trouble.

Wise financial planning requires knowing where your money goes. You’ll make better financial choices, build a stronger credit rating, and develop good savings habits that help build wealth.

Do you track and analyze your spending?  How do you do it?  Have you trained and modeled this to the young adults in your life and, if so, how? We’d love to hear your insight and experiences!

 

Be the Only You

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“Progress” can often be a two steps forward and one step backward proposition. The technological advances of the last two decades are a good case in point. We are so much more efficient and productive (albeit more distracted!) and, in many ways, connected. The access we have to information boggles my mind compared to what it was a mere 15 years ago.

This progress, however, has come at a cost. For one, our lives are not as private as they used to be. In some cases, it’s the result of information or images that wind up in places we didn’t expect (the most egregious example being “racey” photos). In other cases, identities are stolen and manipulated by shady characters. In this latter case, others can literally pretending to be you. This is real and no laughing matter.

Do you and your family know how to protect yourselves?

Identity theft is when an imposter uses your personal information without your permission. It’s a crime and can cause untold problems for the victim. Generally speaking, it’s caused by lost or stolen credit cards, careless disposal of investment/banking statements, providing personal information (Social Security Number and PINs) where you shouldn’t, and various viral and malware attacks. The perpetrator may open credit cards and accounts in your name, forge your signature, and even obtain a driver’s license in your name.

There is an ever-growing list of ways to avoid identity theft. Some of the key ones are:

  • Shredding your financial documents after their use
  • Keeping PINs (for debit cards) and passwords in a safe, private place and changing your passwords regularly
  • NEVER sharing your banking information, passwords, or PINs with anyone (an especially good reminder for young people, who are often used to  “sharing ” everything, to the point of too much!)
  • Signing credit cards immediately and destroying outdated ones promptly
  • Not keeping your Social Security Card in your wallet or purse
  • Not disclosing your Social Security Number unless it is absolutely required
  • Calling your financial institutions and credit card providers immediately if your wallet or purse is stolen
  • Never taking phone solicitations that seek your Social Security Number and never emailing your Social Security Number or PINs to anyone.
  • Only opening email attachments when you are certain as to their safety
  • Treating your personal information as personal and private!
  • Being extremely wary of phone solicitations. If offers sound too good to be true or the sales party is aggressive, steer clear! Personally, I just avoid solicitors altogether. Period.
  • Report suspicious behavior immediately
  • Use the best anti-virus and anti-malware software for your computers

Finally, there will be situations when you simply don’t know if it’s a safe bet. Here, you should consult with trusted people in the know before releasing any information that is private. Always err on the conservative.              

How careful are you with your personal, financial, and computer information? Have you discussed this with the young adults in your life—your children, students, or young adults you mentor? Share your tips and stories with us by commenting below; we’d love to hear from you!

Build and Maintain a Good Credit Rating

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January is National Financial Wellness Month. It’s a great opportunity to do some assessing of our financial well being. It’s also an opportunity to think about how well we’re modeling and training the young people in our lives—our children, students, mentees, etc.

Here’s a good example. Can we be trusted to repay a debt? I hope the answer is a resounding “Yes!”

That’s what we want lending institutions to answer when we apply for a loan or home mortgage. They’re making a bet on us to repay our loans with interest on time, all the time. But, in order for them to conclude that we’re worth the risk, they’ll need to analyze our financial condition. In that evaluation process, one of the key measures they consider is our credit rating. It’s their way of getting independent advice on our creditworthiness.

Most young adults don’t think about this when they’re starting out, but it’s an important principle to instill at a young age—and to be reminded of throughout life. Do you know what it takes to have a good credit rating?

The most commonly used credit measure is your FICO score. Scores from 680-850 are considered good by lenders. Your keys to a favorable credit rating include:

  • Modest debt relative to your assets and income
  • Reputation for paying your bills fully and on time
  • Making regular deposits into your savings and investment accounts
  • Having a modest number of credit cards and preferably with low or zero outstanding balances
  • Paying off debt rather than replacing it with other debt
  • Not bouncing checks
  • Having a positive and growing net worth

When you have a good credit rating, you’ll receive better access to loans, larger available credit lines, and lower interest rates. It also affects your insurance rates and whether or not a landlord wants to take a risk on leasing a house or apartment to you. That’s why achieving a favorable credit rating should be a priority.

What if your credit rating isn’t so hot? You can turn it around. The sooner you start building—or repairing and RE-building, the better. It generally takes seven years for negative items to drop off your credit reports.

One thing to note if you are rebuilding your credit is that simply closing your revolving accounts to improve your credit score won’t necessarily work.  Closing credit accounts not only lowers the number of open revolving accounts (which generally will improve credit scores), but also decreases the total amount of available credit. That results in a higher “utilization rate,” also called the balance-to-limit ratio, which will actually lower your credit score! So, though it seems counter intuitive, just closing accounts is not the answer; rather, you want to pay them off and then wait patiently. When repairing bad credit, TIME is one of your greatest allies, along with PATIENCE and PRUDENCE.

How would a financial institution assess you as a credit risk? If the answer is “good,” then well done! If the answer is “not good,” what are the primary drivers? What specific steps can you take today that will turn it around?

Fresh Plans for a Fresh Year

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Have you seen the movie The Bucket List? In it, two terminally ill men run away from a cancer ward and travel around the world to fulfill a list of things they want to do before they “kick the bucket.”  Since the movie’s release, the term “bucket list” has gained popularity and now commonly refers to a list of all the things a person would like to do in his or her lifetime.  Essentially, a “bucket list” is just a list of specific goals.  If you’ve ever made a bucket list, you’re already on your way to being a goal-setter! And, goals foster motivation and intentionality in our lives.

A fresh year always inspires fresh dreams. Most successful people begin with dreams and then establish goals and plans to help make them come true. And, they know that the most effective goals are both specific and measurable (as opposed to vague and difficult to evaluate). As you start to identify your dreams for your life, it’s important to develop short-, intermediate-, and long-range goals to help get you there.

Even if you’re not naturally a goal-setter, it’s not difficult to become one. Start by imagining what you want your life to look like. What are the large-scale goals you hope to achieve? These are your long-term or lifetime goals.  It’s important to set these first because they will shape your overall perspective and help frame your smaller and shorter-term goals. Think about such areas as:

  • Education and learning
  • Career
  • Marriage and family
  • Finances
  • Community service
  • Relationships
  • Spiritual life
  • Physical goals (sports, etc.)
  • Talents and skills
  • Travel
  • Experiences
  • Retirement

Once you’ve established your long-term goals, you can set some medium-term goals (e.g., five years) that will help you achieve your long-term goals.  From there, you can set one-year, six-month, and one-month goals, all of which will ultimately contribute to the larger picture.

Periodically check on your long-term goals to make sure they remain high on your list. Also, monitor your progress on your medium-range goals to make sure you’re on track. (Parents, you may want to make some parenting goals … check out our new book, Parenting for the Launch, for some ideas to help you set goals and create a family mission statement.)

Finally, start making daily to-do lists. If you do, you’ll be contributing on a daily basis toward the things that will make your lifetime goals and dreams possible. Here are some guidelines as you do:

  • Phrase your goals in the positive, not the negative
  • Make them realistic goals—ones that are possible and achievable
  • Make them measurable and specific, such as “visit five continents” as opposed to “travel around the world”

 

What’s on your “bucket list?” How do you keep track of what you’ve accomplished and what’s left to do? This can be fun and lively discussion with family and friends over the holiday season. Make a plan to check back with each other next New Year’s and see who has crossed the most items off their list.

 

Focus on the Things that Matter

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There sure is a lot of hustle and bustle this time year, isn’t there? Holiday shopping, holiday plans, holiday travel, holiday parties… It’s all too easy to get caught up in the activity and miss out on the things that really matter.

There will always be times in life when we feel like the rope in a tug of war, and it’s not just at Christmas. Often, when this happens, there are two formidable competitors pulling us in opposite directions. On one end are the key people in our lives with whom we have relationships. They want (and deserve) our time and attention, as well as an opportunity to grow with us. On the other end is one tough opponent—the “big three,” namely status, career, and wealth and everything that flows from that. Like most things, these are fine in moderation, but taken to an extreme (as they often are), they can destroy relationships. They can easily consume our time and energy and divert us from our priorities and core values if we’re not careful.

During the past few decades, we’ve witnessed a cultural shift toward accumulating things, rather than emphasizing in-depth relationships. You see it everywhere, especially with retailers and credit card companies that are out to get our last nickel (especially during calendar-shortened holiday seasons!). It’s found in massive consumer debt when people overspend on status-conscious items and live beyond their means. And, you see it in people consumed by their careers and in those increasingly invasive businesses demanding their employees respond to evening emails.

This holiday season, I hope you’ll remember that truly successful people recognize how important they are to others and how important others are to them. Relationships are enduring—things are not. Let’s strive to always reflect this in our priorities and in how we spend our time. We can never get back the time we didn’t spend with our loved ones. That’s a life regret we never want to bear!

Let today, this week, this holiday season, be a time of special focus and renewed commitment to the things that really matter. Merry Christmas, all!

How are you spending the bulk of your time and energy? Are you focusing enough on areas that build stronger relationships with family and friends? Or, are you allowing other things to dominate your priorities? We invite you to share your thoughts and suggestions with us commenting; we’d love to hear from you!

 

Give the Gifts that Keep on Giving

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What do you want for Christmas?” It’s probably the most asked question this month. There was a time when my Christmas list was a mile long, but now it’s filled with hopes for others—especially for the young people in this world. (Truth be told, my first career desire was to be Santa.)

 It is said that the first half of one’s life is the “accumulation stage” and the second half is the “distribution stage.” During the accumulation stage, you’re in “gathering mode,” spending your efforts on life’s needs and wants. You build a career, buy and furnish a house, start a family, save for retirement, and buy lots of things along the way.  But is that all there is to life?

Then, one day, usually around 50 when, you have all the toys you need and the kids aren’t kids anymore, you become more motivated to give back. You discover that the joy of giving is greater than the joy of receiving, and your perspective changes dramatically. I’m a typical case—it happened to me around 49! That’s when my life focus shifted to helping children and young adults lay a solid leadership foundation for life.

Did you notice how the first half of life tends to be more skewed toward self and family? And, in the second half how the focus often shifts toward others? Had I known this earlier, I would have sought more balance in my accumulation stage and started my distribution stage sooner. The joy and satisfaction that comes from giving our time, talent, and treasure so outweighs the fun of accumulating that I regret not starting this process earlier.

As I write this, it’s the Christmas season. Opportunities for giving and sharing abound. But hopefully directing our lives toward others will not be a once-a-year event. By starting earlier and making it last the whole year long, we receive far more in return than we give.

Do you want your life to have more balance, your spirit to soar, to make new friends, and maximize the impact of your life—and make the world a better place in the meantime? Embrace the gift of giving of yourself this holiday season… then make it the gift that keeps on giving, into January, the New Year, and beyond.                                   

Take a few-second self-check: Where are you centering your life? How are you modeling this principle to the young people in your life? Share your insights and ideas with us; we’d love to hear from you!

 

Introducing the What I Wish I Knew at 18 Leader’s Guide for Middle Schoolers!

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One of the most common questions we receive from educators is whether the What I Wish I Knew at 18 Leadership/Life Skills program can be used in middle and junior high schools. The answer is a resounding “YES,” especially with our new Middle School Leader’s Guide!

We reviewed our current program for ways to best reach a somewhat younger audience. The result is a leader’s guide with specific suggestions and ideas for adapting the What I Wish I Knew at 18 Student Guide to middle school grades. Many of the lessons in What I Wish Knew at 18 regarding the transition from high school to college can easily be applied to the transition from middle school to high school.

Middle school is a great time to introduce What I Wish I Knew at 18. Students at that age are often more open to life skills training as their habits and attitudes are less ingrained. Principles referencing character, relationships, communication, adversity, personal productivity, and other aspects of a Personal Leadership Foundation can be instilled while they are still forming many of their values, behaviors, and relational networks.

Ninth grade is arguably one of the most critical in a student’s educational career—setting the stage for decisions and attitudes in the pivotal high school years. A leadership foundation will prove an invaluable asset to their academic and relational performance in these years and throughout life.

The best news is that the What I Wish I Knew at 18 Middle School Leader’s Guide is a free download from our website! Simply click on the link above and save it to your own computer.  The guide includes supplemental suggestions for the lessons in the student guide for middle school adaptation, as well as charts and forms to assist you in your lesson planning.

We want to remind you that bulk pricing of What I Wish I knew at 18 for classroom use is always available. Call us directly at 920-319-3169 or email us at dtrittin@dennistrittin.com to discuss your particular needs. We wish you all the best on the adventure of reaching a new generation of leaders and grooming them for every success!

Be Proactively Nice

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Looking for a great gift idea this holiday season? I’ve got a terrific one. No, it’s not a sweater—and it won’t cost you a dime. It’s the gift of being proactively nice.

Sadly, our world is becoming more impersonal each day. We’re consumed with busy-ness.  Phones and computers seem to command our undivided attention. We text and email instead of talk to each other. People enjoying meals at local restaurants pay more attention to their phones than to each other. Busy-ness has infiltrated our manners and our demeanor—especially in places like our freeways, restaurants, and airports where patience seems a rare commodity these days.  Compliments are rare—great service is expected, so why bother rewarding service providers when they deliver it? Anything less, and out pours the wrath.  

This holiday season, I suggest we start a little “rebellion” of sorts against the impersonal status quo. Here are some things I’ve adopted, to give a glimpse of what I’m talking about:

  • I say “hi” when I pass people on my running route, regardless of whether I know them or not
  • I let a driver who has waited longer go ahead of me
  • When asked by a restaurant server how my day is, I return the question (I always get great responses to this simple gesture)
  • I go out of my way to express appreciation and gratitude
  • I smile more
  • I call rather than text (okay, not always but I try!)
  • I don’t allow the rudeness of others get to me

Clearly, none of this is profound or particularly creative. I’m sure you can come up with better ideas than I did! Nevertheless, I’m struck by the reactions of others when I do it (especially at restaurants where they’re often startled). It’s amazing how these small acts of random kindness make someone’s day a little better. You can tell it in their faces.

What a wonderful gift to offer during this busy, and hectic holiday season!

What are ways you’ve been on the receiving end of a random act of kindness? How did make you feel?  Do you have any interesting ideas to share with our online community about how we can do this for others?