Comments on: Looking To The Past In Order To UnderStand The Present: Family Finance History http://www.girlsjustwannahavefunds.com/2008/07/looking-to-the-past-in-order-to-understand-the-present-family-finance-history/ Breaking Financial Ceilings One Stiletto At A Time! Fri, 03 Sep 2010 21:03:21 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Archie http://www.girlsjustwannahavefunds.com/2008/07/looking-to-the-past-in-order-to-understand-the-present-family-finance-history/comment-page-1/#comment-3438 Archie Fri, 26 Jun 2009 19:03:02 +0000 http://www.girlsjustwannahavefunds.com/2008/07/looking-to-the-past-in-order-to-understand-the-present-family-finance-history/#comment-3438 Ginger - I think the difference in mentality you're talking about stems from two things: 1. Your parents probably struggled when they first moved here (am I right that they came here from somewhere else??) This taught them a few things the hard way so they, being smart people, learned their lessons and learned them well. Personally, I also thing that smartness was genetic because you've obviously picked up on it. Go, girl!!! 2. I'm guessing "from the country" has a different currency and rate-of-exchange and therefore, to them, anyone earning in dollars is automatically rich. My late grandad used to think I was rich because I earned in dollars. I know he's gone and all, but it still makes me fume that I had to very rudely point out once that while I earned in dollars, the US Govt didn't exactly let me pay in rupees. I've heard this reason from too many people. I think the bottom line is that if your parents have you or you got on your own, good work ethics, then you quickly catch on just how hard it is to earn money. And if you're smart enough to have that ethic, then aftr you've paid off any amount of debt, you'll make sure you never go back there again. You did right to cut off your cousins. No one, NO ONE, family or loved ones, should ever be given the RIGHT TO EXPECT a handout!!!! Ginger – I think the difference in mentality you're talking about stems from two things:
1. Your parents probably struggled when they first moved here (am I right that they came here from somewhere else??) This taught them a few things the hard way so they, being smart people, learned their lessons and learned them well. Personally, I also thing that smartness was genetic because you've obviously picked up on it. Go, girl!!!
2. I'm guessing "from the country" has a different currency and rate-of-exchange and therefore, to them, anyone earning in dollars is automatically rich. My late grandad used to think I was rich because I earned in dollars. I know he's gone and all, but it still makes me fume that I had to very rudely point out once that while I earned in dollars, the US Govt didn't exactly let me pay in rupees. I've heard this reason from too many people.

I think the bottom line is that if your parents have you or you got on your own, good work ethics, then you quickly catch on just how hard it is to earn money. And if you're smart enough to have that ethic, then aftr you've paid off any amount of debt, you'll make sure you never go back there again.

You did right to cut off your cousins. No one, NO ONE, family or loved ones, should ever be given the RIGHT TO EXPECT a handout!!!!

]]> By: That Saddity Chic http://www.girlsjustwannahavefunds.com/2008/07/looking-to-the-past-in-order-to-understand-the-present-family-finance-history/comment-page-1/#comment-1088 That Saddity Chic Mon, 21 Jul 2008 23:37:21 +0000 http://www.girlsjustwannahavefunds.com/2008/07/looking-to-the-past-in-order-to-understand-the-present-family-finance-history/#comment-1088 I never learned good money habits from my mother. She was/is horrible with money. When I try talking to her about frugality/saving/retirement she gets irritated. So I stopped. But I did let her know lovingly that I'm budgeting for ONE for my retirement so she needs to get it together. I guess I learned good money habits by living in "what not to do" for 18 years while living at home with family. I'm very money motivated like yourself. Being financially together affords me many freedoms that I wouldn't have if I were covered in debt. My freedom is everything to me. <em>That Saddity Chic's last blog post..<a href='http://thatsadditychic.wordpress.com/2008/07/14/going-back-to-college-at-27/' rel="nofollow">Going Back To College At 27!</a></em> I never learned good money habits from my mother. She was/is horrible with money. When I try talking to her about frugality/saving/retirement she gets irritated. So I stopped. But I did let her know lovingly that I’m budgeting for ONE for my retirement so she needs to get it together.

I guess I learned good money habits by living in “what not to do” for 18 years while living at home with family. I’m very money motivated like yourself. Being financially together affords me many freedoms that I wouldn’t have if I were covered in debt. My freedom is everything to me.

That Saddity Chic’s last blog post..Going Back To College At 27!

]]> By: That Saddity Chic http://www.girlsjustwannahavefunds.com/2008/07/looking-to-the-past-in-order-to-understand-the-present-family-finance-history/comment-page-1/#comment-1087 That Saddity Chic Mon, 21 Jul 2008 23:35:52 +0000 http://www.girlsjustwannahavefunds.com/2008/07/looking-to-the-past-in-order-to-understand-the-present-family-finance-history/#comment-1087 I never learned good money habits from my mother. She was/is horrible with money. When I try talking to her about frugality/saving/retirement she gets irritated. So I stopped. But I did let her know lovingly that I'm budgeting for ONE for my retirement so she needs to get it together. I guess I learned good money habit by living in "what not to do" for 18 years while living at home with family. I'm very money motivated like yourself. Being financially together affords me many freedoms that I wouldn't have if I were covered in debt. My freedom is everything to me. <em>That Saddity Chic's last blog post..<a href='http://thatsadditychic.wordpress.com/2008/07/14/going-back-to-college-at-27/' rel="nofollow">Going Back To College At 27!</a></em> I never learned good money habits from my mother. She was/is horrible with money. When I try talking to her about frugality/saving/retirement she gets irritated. So I stopped. But I did let her know lovingly that I’m budgeting for ONE for my retirement so she needs to get it together.

I guess I learned good money habit by living in “what not to do” for 18 years while living at home with family. I’m very money motivated like yourself. Being financially together affords me many freedoms that I wouldn’t have if I were covered in debt. My freedom is everything to me.

That Saddity Chic’s last blog post..Going Back To College At 27!

]]> By: Joy http://www.girlsjustwannahavefunds.com/2008/07/looking-to-the-past-in-order-to-understand-the-present-family-finance-history/comment-page-1/#comment-1081 Joy Sun, 20 Jul 2008 13:47:44 +0000 http://www.girlsjustwannahavefunds.com/2008/07/looking-to-the-past-in-order-to-understand-the-present-family-finance-history/#comment-1081 Are you on good terms with your family now? Did you cut them off totally as in never speak to me again? Are you on good terms with your family now? Did you cut them off totally as in never speak to me again?

]]> By: Tamra http://www.girlsjustwannahavefunds.com/2008/07/looking-to-the-past-in-order-to-understand-the-present-family-finance-history/comment-page-1/#comment-1080 Tamra Sun, 20 Jul 2008 13:45:58 +0000 http://www.girlsjustwannahavefunds.com/2008/07/looking-to-the-past-in-order-to-understand-the-present-family-finance-history/#comment-1080 Ginger this was really insightful. I wish I could say my family was as finance conscious as yours are but they are not in the very least even with pretty please sugar on top! Ginger this was really insightful. I wish I could say my family was as finance conscious as yours are but they are not in the very least even with pretty please sugar on top!

]]> By: What I enjoyed most last week. « “the tax guy” http://www.girlsjustwannahavefunds.com/2008/07/looking-to-the-past-in-order-to-understand-the-present-family-finance-history/comment-page-1/#comment-1078 What I enjoyed most last week. « “the tax guy” Sun, 20 Jul 2008 12:03:36 +0000 http://www.girlsjustwannahavefunds.com/2008/07/looking-to-the-past-in-order-to-understand-the-present-family-finance-history/#comment-1078 [...] it out. (It is long, but worth the read.) To read all of the groups post please follow these links; Girls Just Wanna Have Funds, Living Almost Large, Wide Open Wallet, Master Your Card, and No Debt [...] [...] it out. (It is long, but worth the read.) To read all of the groups post please follow these links; Girls Just Wanna Have Funds, Living Almost Large, Wide Open Wallet, Master Your Card, and No Debt [...]

]]> By: Laura http://www.girlsjustwannahavefunds.com/2008/07/looking-to-the-past-in-order-to-understand-the-present-family-finance-history/comment-page-1/#comment-1056 Laura Wed, 16 Jul 2008 10:56:07 +0000 http://www.girlsjustwannahavefunds.com/2008/07/looking-to-the-past-in-order-to-understand-the-present-family-finance-history/#comment-1056 My parents had a lot of debt when I was growing up, and I think they're still trying to bail themselves out of some of that. It had a huge impact on my childhood - we lived in a fairly affluent suburb and I hated feeling so different from all my classmates. However, I've never thought to really sit down with my parents and discuss what happened so I don't repeat the same mistakes. What a great idea! I will definitely be doing that. <em>Laura's last blog post..<a href='http://absolutlyfit.blogspot.com/2008/07/race-report-boilermaker-15k.html' rel="nofollow">Race Report: Boilermaker 15K</a></em> My parents had a lot of debt when I was growing up, and I think they’re still trying to bail themselves out of some of that. It had a huge impact on my childhood – we lived in a fairly affluent suburb and I hated feeling so different from all my classmates. However, I’ve never thought to really sit down with my parents and discuss what happened so I don’t repeat the same mistakes. What a great idea! I will definitely be doing that.

Laura’s last blog post..Race Report: Boilermaker 15K

]]>