Yes, my parents saved 529 plans for my sister and me. I went to a college in the state and was able to graduate without debt. There is definitely a great emphasis on education in my culture. I am thinking of obtaining a degree, but its cost makes me guess myself.
Growing up, what kind of conversations did you have for the money? Do your parents/guardians train you for finances?
Mom was very simple, very good in budget and saving. Dad stressed to spend money on things that made the lifestyle better. Being immigrants in the US, I certainly grew up with a rarity mentality. We rarely ate and saved everything, but everything felt okay for me at the moment, because I don’t compare my family too much to others on the economic side.
What was your first job and why did you get it?
Trainer in high school for extra money! It was a good use of my skills and was paid decent at $ 20 per hour, so it worked.
Are you worried about the money that is growing up?
Yes, all the time. My parents were constantly fighting and my mom moved in and out of living with my dad, so things felt tight all the time and very unstable. He felt that money was a means of freedom and the decision of things on your own terms.
Are you worried about money now?
Yes, I was working on a much higher payment field, but I got a pay reduction to change the industries to something I find much more viable and interesting. I paid the power of my profits, but I felt it was worth changing to a way of life that I felt like me and my personality in the long run. I am not very worried on a daily basis because Z. and I have good public income, but I feel ambitious and I want to increase the power of my profits through promotions and start some fun. The aforementioned industry switch is also the reason why I have a good part of the pure value that is preserved. I think on bigger horizons now than I did a few years ago, where I was worried about the short term. Now, I think when we can withstand a bigger home and children, as well as what types of compromises we should do.
At what age became financially responsible for yourself and have a financial security net?
During the college I was responsible for living expenses outside the rent and tuition. After graduating, I became fully financially independent. I think my family would allow me to live with them if I really needed.
Have you ever received passive or hereditary income? If yes, explain.
Yes, my mother gave me a rental property and my grandmother left me $ 20,000 when she passed. My husband gave me half of the Condo to which we live when we got married and now contribute to the mortgage.
