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Money and Finances
Reply to "If you or your mom are a financial badass"
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[quote=Anonymous]My mom didn't work outside the home, but she managed the heck out of what my dad brought in. He had an average income, and we had an extraordinary life. Not stuff that can be bought like high-end vacations or riding lessons or top shelf toys. But experiences and skills and social abilities. I learned everything I know about money management from her. The lessons I would share (and do share with my kids) are: Never spend money you don't have (no car loans, no student loans, no credit card balance-- the mortgage is the exception of course.) Evaluate every impulse purchase by the metrics of how long will it last, what impact will it have, and what else we could do with the money if we just wait a bit. Brand names are always a waste of money. If you're wearing a logo, the company should be paying you for the advertising space! [/quote]
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