I met Patti recently at a networking event in Los Angeles, and loved her specialty: teaching kids to manage money. Don't all of us wish he had had Patti when we were growing up? I was so excited to have her on the site and am delighted to share her guest post today! so now, take it away, Patti! (be sure to read her amazing bio at the bottom, where you can learn about her book: How to ditch your allowance and be richer than your parents)

In the last post, I talked about "The Compact," a group which began in SF and aims to eliminate spending entirely aside from food and toiletries.

I have given a lot of thought to how to integrate this idea of spending less while continuing to get the benefit of experiences I associate with spending money.