“I believe that what we do depends on what our parents teach us in moments when they are not trying to teach us.”
Readers of the American blog DailyWorth have several phrases about what their father taught them about finances, in honor of Father’s Day.
We think it’s a really cool initiative and we want to share it with readers of Eustacia Vye. Remember that this is the opinion of the people themselves. For each one the lesson may be different. And you, what advice about money do you remember having received from your father?
Start investing early
“When I turned 17 and got my first job, my dad gave me a piece of a story (half old fashioned, I know!) And he taught me how to start investing 10% of my salary “
Spend less, save more
“Do not spend more than what you have. If you think you really want something, sleep one night and think again in the morning.”
“For me, the biggest general lesson I learned from my dad, that’s not how I can steal your knowledge, so you should invest in it as much as you can. and buy vintage cars. Because of this, I never bothered with portion of the car loan “
“Most of the time I’ve heard my father tell my older brothers that education brings freedom.” Today I understand what I meant.
If you plan to always be able to repay the loans on time,
you will need to be sure that you have the best interest rates. time you need a loan. “
Save money with the pay-as-you-go strategy
“When I got my first job at age 14, my father gave me some advice que I still follow. He Told Me que, regardless of my accounts and my financial obligations, I must I do not have to pay for it, but I do not have to pay for it, I always pay myself first. same financial situation, seeing little or no growth. “
“Doing the right job the first time. This will not sound like financial advice, but it will save you a lot of money in addition to time. again and again … “
To close, an important contribution from the reader Rosemaire: “Our life is short, so what makes you happy and happy!”