Children Quote by N. Eldon Tanner
““A friend of mine has a daughter who . . . . was constantly writing home for more money. . . . At one point . . . the daughter explained, "But dad, I can tell you where every penny you have sent me has been spent." He replied, "You don't seem to get the point. I'm interested in a budget--a plan for spending--not in a diary of where the money has gone." Perhaps parents should be more like the father of the college boy who wired home, "No mon, no fun, your son." His father wired back, "How sad, too bad, your dad.””
About This Quote
The story contrasts a desire for a financial plan with a focus on detailed spending records, highlighting the need for budgeting over tracking.
In simple terms: Focus on budgeting, not just tracking expenses.
Key Takeaway
Prioritize planning over detailed logs.
Themes
budgeting
financial discipline
parenting
Mood
practical
educational
Type
instructional
motivational
When to use this quote
- family budgeting
- personal finance education
- business expense management
Key Concepts
economics
behavioral finance
Questions to Reflect On
- How can you create a budget that respects both plan and reality?
- What tools help shift focus from tracking to planning?
A Different Perspective
May ignore emotional aspects of money.
![“When someone picks the Gnani Purush’s [the enlightened one’s] ‘pocket’, how does the Gnani Purush’’ look at it? “Very well! This amount is now credited to my account”! Money spent for the home is money down the drain. How can anyone ‘see’ this [fact] with the narrow inner intent of ‘mine and…” quote by Dada Bhagwan](https://sms4smile.com/quotes/img-quotes/ca4/dada-bhagwan-31_enlightened_when-someone-picks-the-gnani-purush-s-th_1103415.jpg)
![“Don't be timid in spiritual matters. [Ensign, Feb. 1980, 79]” quote by N. Eldon Tanner](https://sms4smile.com/quotes/img-quotes/878/n-eldon-tanner-38973_religion_don-t-be-timid-in-spiritual-matters-ensi_36380.jpg)
