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Important Lessons I Learned From My Parents

A few weeks ago, J and I went out to dinner with my parents. When the check came, my dad asked J to calculate the tip. Luckily we had just talked about this, so he was able to figure it out — but it made me think about all of the other money and finance lessons I’ve learned from my parents.

So far I’ve mentioned that my dad would drill me on the rule of 72 and part of any money I received had to go towards opening savings bonds, but there were many more lessons over the years.

My dad was relentless with the sayings:

  • Don’t put all your eggs in one basket
  • You don’t have to spend it all!
  • Don’t spend more than you make
  • Save some for a rainy day

When I was in middle school, he took me to our local credit union and we opened a checking account. He showed me how to write checks and use an ATM card.

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