Yes, my parents always waited to attend higher education – they are both university professors. Specifically, they wanted to get away from home to go to school because they thought it was an important part of building independence. Taking this, I grew up knowing that there was money for it and living in Canada, the cost is much less astronomical than in states. My parents contributed to responses for each of us, who covered the tuition and also helped to complete basic expenses such as housing and food. I also worked part -time in the University Library throughout my undergraduate diploma, received scholarships (from which I sent half back to my parents and held half for myself) and worked full -time during the summer. The money from these currents paid for everything I didn’t taught, rents and groceries: books, medicines, treatment, money expenditure, internet, my laptop for school, etc. I returned to school for a master’s degree, which I paid without any family support, although my family’s knowledge and comfort in higher education was a huge help when he came to apply for scholarships. I received an important government scholarship ($ 17,000) that covered some of my expenses, $ 5,000 for tuition from my university, and I worked as a teaching assistant, research assistant and assistant editorial to get them out, while I finished my second degree. I also got a co-op job.
Growing up, what kind of conversations did you have for the money? Does your parents train you on finances?
In my house, talks on money dominated the mentality of “we can’t stand everything”: My family saw the money as a series of choices and because education was the first priority of my parents, it meant that we could not afford things like frequent flavors. Beyond that, my parents don’t train me for money or personal financially beyond “you should open a TFSA”. I didn’t know what investment was, how credit ratings were set or how to manage daily costs and credit cards and other consumer debt were anathema in my home (and I almost didn’t use my first credit card until I was 23). Basically, all I have learned about money is that saving = good and expense = bad. I did a lot of reading immediately after the grad school was completed, and there I learned about the money.
What was your first job and why did you get it?
In the summer I returned 15, I worked as a camp assistant in a Children’s Day camp in Quebec as part of a YMCA -funded work and languages. I stayed with a reception family and learned French and my family hosted a student from Quebec. I got the job to spend money, the opportunity to get out of my home country and learn French, though the last part was mostly ancillary. I felt extremely rich to receive my paycheck, even though I did about $ 10 per hour. Before that, I had babysat on a casual basis for family friends.
Are you worried about the money that is growing up?
Not really. There was enough to go around. I felt guilty about money: guilt about the cost of my education and the money my parents spent, especially as a pre-adolescent/teenager.
Are you worried about money now?
Yes. I live at a high sedentary cost and constantly worry about the future, the prospect of losing jobs and long -term safety. I would like to be able to achieve great goals, such as having a home, but they do not feel great, because my concerns about my money prevent me from wanting to split with the cash needed to make this kind of market.
At what age became financially responsible for yourself and have a financial security net?
He became financially responsible for myself as soon as I crossed the scene after my undergraduate diploma at the age of 21. He said, my safety net is important. My family would be able to help me if I lost my source of income, I could stay with them if I lost my housing and helped me manage unexpected expenses, such as the cost of traveling to my grandmother’s funeral earlier this year.
Have you ever received passive or hereditary income? If yes, explain.
After the support I received for my training, no, and I don’t expect.
