I feel like parental spending habits have little to do overall with one's spending habits as an adult. I feel like for every story where one says their parents were spendy or thrifty and they ended up the same way, there's someone saying the opposite.
My parents can't ever have been very good at saving money, but they have always managed to stay afloat one way or the other. I know they have a mortgage and credit card debt but I don't know how much. Mainly, they have always avoided talking about the details of their finances with us and if that works for them, I guess that's their deal. I was very frugal for years, from about the age of 16-21 (except for naively taking out student loans which I would have avoided if only I knew). After I started getting more money for school, and started wanting to look cool and do what cool people were doing, I began to fall into the trap of overspending. I have never had a serious financial problem and until now, fresh out of college, I have never been jobless. I am still resolving my desires to buy things on a whim and while I'm better at avoiding it, I still need to keep myself on a tight leash lest things to awry.
Haha, Cereal at CVS here in the Forests of Connecticut (aka 90 percent of the state) is twice as much as in our good old 24 hr Wally World. Stop and Shop usually has decent sales and you get sick gas points when you shop there.
On What I Learned from My Mother's Overspending
I feel like parental spending habits have little to do overall with one's spending habits as an adult. I feel like for every story where one says their parents were spendy or thrifty and they ended up the same way, there's someone saying the opposite. My parents can't ever have been very good at saving money, but they have always managed to stay afloat one way or the other. I know they have a mortgage and credit card debt but I don't know how much. Mainly, they have always avoided talking about the details of their finances with us and if that works for them, I guess that's their deal. I was very frugal for years, from about the age of 16-21 (except for naively taking out student loans which I would have avoided if only I knew). After I started getting more money for school, and started wanting to look cool and do what cool people were doing, I began to fall into the trap of overspending. I have never had a serious financial problem and until now, fresh out of college, I have never been jobless. I am still resolving my desires to buy things on a whim and while I'm better at avoiding it, I still need to keep myself on a tight leash lest things to awry.