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Recommendations: 0
Bingo.
I learned nothing about money management while growing up, and it took me years, and a husband with more sense than I, to finally get it. The only thing I knew of $$ management was that if there was something Mom wanted, Mom got it. If we kids needed something, it was either denied, unacknowledged, or obtained through hand-me-downs from cousins. I'm not saying 'no' is always a bad thing, but we never asked for much, and rarely got the things we did ask for from her. (Thank the Lord for kind and generous grandparents!) That woman even stole our lunch money. So if she did teach me anything, it was at the very least that I couldn't trust her.
Like you, to this day I have no idea what my parents' financial situation is except for the occasional conversations with my father, when he complains he has no money. Can't help him, so I don't listen to it any longer.
But I believe there is a strong correlation between being taught sensible things during childhood, (parents' responsibility,) and learning the hard way, as an adult. Sometimes lessons learned the hard way stick around longer and have more value, but a responsible parent will take the time to teach a child the values and management skills to become an independent, productive adult. The irresponsible one simply doesn't.
We're individually responsible for our actions as adults, and we make our own choices. Hopefully those choices are good ones, based upon either self-learned/taught or parental taught experiences. Ultimately, we can't hold anyone else to blame for our actions or lack of them.
MadamHusker 1
~ Money management is an important and often-overlooked aspect of child rearing.
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