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Reply to "What are some useful life skills you wish your parents had taught you?"
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[quote=Anonymous]My parents were paycheck-to-paycheck people who never owned a house and never had a savings for any kind of disaster. It wasn't until I was much older that I realized my mom was very knowledgeable about money, savings, 401k, insurance, etc. and I just never knew it because we never had money for those things. I pretty much had to figure those things out when I got my first job after college. Also, as dumb as this sounds, one day it just dawned on me that the reason why all of my friends in their late 20s/early 30s were buying homes was so that with a 30 year mortgage, their house would be paid off before retirement. [/quote]
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