Over my lifetime, I have come to recognize that my understanding of personal finance was greatly impacted by the attitudes and practices of my parents. It is impossible to overestimate the influence this lifelong home economics course had on me. My parents truly left their imprint on the psychic money manager toiling inside my head. So let’s talk about spending money.
My father was raised in public housing in the north of England. He graduated from the eighth grade; then he served an apprenticeship as a machinist. The second son and youngest child, he was the first in his family history to learn a highly skilled trade – at the time, the blue-collar equivalent of a college degree. My mother was a ward of the State of New Jersey. Raised mainly in foster homes and later in a convent, she graduated high school, dabbled in cosmetology and, with on-the-job training, became an operator for the telephone company. Her real dream was to get married and raise a family.
Source:
http://www.hrguru.com/news/1243-life-long-lessons-on-spending-money
My father was raised in public housing in the north of England. He graduated from the eighth grade; then he served an apprenticeship as a machinist. The second son and youngest child, he was the first in his family history to learn a highly skilled trade – at the time, the blue-collar equivalent of a college degree. My mother was a ward of the State of New Jersey. Raised mainly in foster homes and later in a convent, she graduated high school, dabbled in cosmetology and, with on-the-job training, became an operator for the telephone company. Her real dream was to get married and raise a family.
Source:
http://www.hrguru.com/news/1243-life-long-lessons-on-spending-money
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