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Money and Finances
Reply to "Wow the lack of financial education in this country is staggering"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think most people learn from their parents. My parents were always frugal and good with money. They passed this down. I have done the same. [/quote] No. Just no. This doesn’t explain all the dynamics where one kid is great with money and the others aren’t. Just read the family relationship forum.[/quote] Hah, this is so funny because my husbands family is split down the middle with their habits. Mom + DH are thrify frugal savers. Dad + BIL are the spenders, the "we can always make more money" type. I think BILs HHI is over $500k (far more than me + DH) but they save almost nothing. He's always buying a new (used) fancy car, drives it for a while and then sells it to buy something else. Always eating out. He asked DH to go with him to an investing/saving seminar thing and DH said all the things they taught were so basic but he wasn't doing any of it. [/quote]
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