Yes, my mother worked in education and I was always a good student. I really liked learning and reading. I went to a local state school for a degree. I received some small scholarships and released as much as I could on loans. My parents helped cover the rest. I graduated with about $ 30,000 on student loans I yielded in 2018.
Growing up, what kind of conversations did you have for the money? Do your parents/guardians train you for finances?
My dad always encouraged me to save my money. I watched my parents balance their checks, but we didn’t have in -depth conversations on how to handle finances. My parents grew up poor and worked hard to have a better life for their family. We had everything we needed and there was still room for things we wanted in the word.
What was your first job and why did you get it?
I started babysitting as a young teenager, but my first work with paycheck cleaning the tanning beds in a hairdresser. This was for gas, clothes and fun money.
Are you worried about the money that is growing up?
Yes and no. My parents were stable and employed, but I was always worried “what if”. I was in high school during the conflict of the recession and housing of 2008, so I was big enough to understand what was going on.
Are you worried about money now?
Yes, constantly. I am worried about how we would take care of our responsibilities if one or both lose our jobs or if the economy takes a turn. I am worried that we do not have enough safety net. I’m worried about retirement and if we’ll ever get there.
At what age became financially responsible for yourself and have a financial security net?
I got my first salaried work from college at 23 and paid all my own accounts except for car insurance (I stayed with my parents until I was 28). I also stayed in my parents’ health insurance until I was 26 years old, in my dad’s perseverance. This was a huge help for me as I started my career. My parents will offer us financially if we needed it, but I would feel guilty because I want to enjoy the retirement they worked so hard.
Have you ever received passive or hereditary income? If yes, explain.
My parents gave me $ 3,000 to finish the repayment of my student loans when I was in the final stretch (I lived with them during this period). They also gave me J. $ 2,000 for our wedding and $ 3,000 for devices when we bought our home. My father -in -law reached $ 1,000 for our home.
