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Reply to "Anyone’s else’s parents always commenting on how you spend your money?"
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[quote=Anonymous]My grandparents squirreled away money having grown up in the depression and my parents squirreled away money because that’s what their parents did….but certainly not to the same extent. My grandparents left each grandchild about $500k which stunned us and my parents are incredibly generous with us and our children. They will sometimes ask me about our spending but I know exactly where they are coming from. They worked hard and saved a lot in order for their children and grandchildren to have a bright future and hope that we will do the same for our children and someday our grandchildren. Given their life experiences with inflation, recession and interest rates far beyond what we have experienced they are naturally more cautious and conservative. I’ve spoken with my father a lot about this and what life was lime with a 17% mortgage. Ouch! He doesn’t criticize but he does try to teach. [/quote]
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