Comments on: What My Parents Taught Me About Money

By: Jake

Jake — Tue, 06 Jul 2010 03:54:14 +0000

Well, Brandon, hopefully those kids are smart enough to see the things their parents are doing, and the negative effects of those actions, and learn from it themselves. I definitely agree with you on the contract signing, I read everything I sign (whether it’s a contract, hospital paperwork, employment paperwork) and almost feel weird doing so because nobody reads anything they sign these days.

By: Sarah

Sarah — Tue, 06 Jul 2010 02:56:57 +0000

I was definately in the same situation as you…I have always said “I learned what not to do from my parents.”

By: Brandon Shaw

Brandon Shaw — Mon, 28 Jun 2010 19:56:13 +0000

But what happens when you have parents who are financially ignorant? What do their kids learn? We don’t offer finance classes in school, and with as small as attention spans are these days, it’s too difficult for people to even read a contract before they sign in. So, while our parents told us no and told us the right way to do things, what do we do for kids whose parents are not as knowledgeable?

By: HighClassLowIncome

HighClassLowIncome — Wed, 23 Jun 2010 15:37:54 +0000

I don’t know if I’d go that far as saying my parents were secretive about how much they made but I just knew we had enough to get what we wanted lol. My dad works and my mom is a stay at home mom so I know we had a lot in that respect. I just wish they had given me lessons about the importance of saving. Coming from a family where instant-gratification was a regular thing I kind of grew up with that mindset. At least we know now what to teach our children when that day comes!