Nov 17, 2018

What Is $160 Worth?

This post is sponsored by Vanguard but the content and opinions expressed here are my own.

It's been such a hectic last few weeks with family and friends in town, moving into our new home and now getting prepared for the upcoming holiday season. Our kids have been bouncing off walls with all the excitement that is to come and we couldn't wait to join in on the fun. We decided to enjoy a day just the four us without distractions of guests, moving boxes or just general errands and bring the kids out for a fun day date as a family.
My children have a lot of energy so taking them to a place where they can run around get rid of some of that built up steam was the perfect plan in our eyes. The Ball Factory was exactly what our toddler and pre-schooler needed to run, jump, swing, dance and dive into fun! This place offered so much for our kids to do, explore and have fun with including even a small matted area for Landon, whose still getting used to large crowds and can't keep up with his older sister.

His personal play area included a small ball bit, lots of big blocks to learn to put things together, matts to roll around and climb up on ( this kid was in heaven ) and even bug tunnels to crawl around under. He couldn't have had a bigger small on his face! As for my daughter, she loved the trucks and cars that she could ride around over a bridge, collect logs and travel with them to drop off with someone else or pretend she was filling up her car for another long road trip.

After a few hours, we decided to treat our kids with pizza and dessert because who doesn't enjoy some greasy food after hours of running and jumping?! All in all, the kids both said it was one of their favorite days ever and for us, it was such a special time to see them living their best life and truly being in the moment with them.

Now, you may be wondering how much all this cost? It was around $160. What is that really worth you might ask and that's a great question. For us, you can't really put a price on experience and we want to share as many as we can with our kids together as a family but we also want to know that our money is being spent the way we see fit, and the importance of being smart about where and how we are spending our money.

While $160 may not seem like a lot, over time, this can add up! Choosing a higher-yielding cash account could allow me to experience more of these fun, memorable moments. According to recent data, if you hold $10,000 in cash, you could earn about $170 in a year, at the current average yields of money market mutual funds. In a bank savings account, you’d only make about $10.* To get the most out of my cash, it’s important to assess my options and determine which provider fits best into my plan. Some companies, like Vanguard, are built in a way that better aligns to my interests. If you haven’t looked at your cash investments recently, maybe it’s time to ask yourself some questions: “Am I getting the most from my cash?” “Does my financial provider have my best interests at heart?” Check out more at Vanguard
This post is sponsored by Vanguard, but the content and opinions expressed here are my own.
*This illustration uses 1.69% average yield for money market mutual funds and 0.09%national average yield for bank savings, both as of 9/30/2018, according tocranedata.com and bankrate.com. These rates are not guaranteed.
Vanguard is owned by its funds, which in turn are owned by their investors.
All investing is subject to risk, including the possible loss of the money you invest. Bank deposits are guaranteed (within limits) as to principal and interest by an agency of the federal government. There may be other material differences between products that should be considered before investing.

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8 comments:

  1. What an interesting way to approach this. I think more people should look at their spending this way; they might make wiser decisions.

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  2. The Ball Factory look like so much fun! But this is really interesting. A easy way to think about money and my future!

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  3. I love having experiences with my kids over items. And thinking about the future is a wise decision.

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  4. I don't know very much about investing so this post is a helpful start! Amazing to see how a little money can grow.

    xoxo A
    www.southernbelleintraining.com

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  5. That sounds like such a great day! You're right, that can add up, but it can be so worth it to use that money wisely!

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  6. Very different post from what I expected. You make a great point in looking at this topic from this perspective.

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  7. This place looks like a blast and the family would totally have fun there. I wish I more into saving money, but I'm not even in a place where I have extra money to save, but still none the less, good information to have.

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  8. In a day and age of spontaneity, it's important to be purposeful. This applies not only to our time, but our money as well. Thank you for the investment advice.

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