A friend asked me how do you teach kids about money. I don’t have kids, so this is not something that crossed my mind. I read a fair bit on the subject, but I do not just want to provide a list of to dos and do not dos.
So I tried to deconstruct, how is it I got to this point, and how as a child, what influenced me to have rather sound money relationship.
My parents didn’t have a lot of money when I grew up. We had enough, but we were rather lucky that due to some string of events, they manage to make me conscious about money.
If I were to think of why I would continue to save money, I place a lot of weight on the motivation of meaningful savings accumulated and the consistent action of going to the bank to put money away.