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Reply to "If you or your mom are a financial badass"
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[quote=Anonymous]Not quite what you are asking, but my mom was/is financially literate. Her #1 reasoning has always been an honest assessment of how her mother was not. She grew up watching her mother receive a weekly “allowance” for groceries and vowed she would have her own career. Fast forward, she married at 21yo and continued from the beginning to be the one in the household to make sure the bills got open and paid, to track savings and investments and made sure from an early age I knew how to balance a checkbook and write a check. Examples of things she taught her mother when my grandmother was in her 60s. I have always had a secure relationship with money, understanding how to make a budget and always paying my cc in full each month. Even though I started out earning less than my husband, I was the one with the stellar credit rating and helped secure our excellent mortgage offer to afford our first home. My parents moved from blue collar working class (my dad was in construction and my mother a teacher) to very solidly middle class and they retired upper middle class. They continue to live frugally with an eye toward their elder care needs and a desire to not be “a burden” to the younger generation. [/quote]
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