Quote:
Originally Posted by rubecube
How much of this do you think has to do with your upbringing though? If I had to guess, I'd bet that both of you grew up in houses where saving was actually an option for your parents. Also did you grow up in households with two parents? Because that makes a huge difference as well.
|
Two parents. Dad worked full time, mom stayed at home raising my siblings and I and had her own catering business to supplement the household income.
Myself and my siblings all got a part time jobs and worked through all of high school and summers between.
I paid for university through student loans even though my parents could have paid for it.
Worked every summer between university year but not during (i wanted to concentrate on my studies hence the student loans).
Paid off my student loans in less than 3 years instead of the 10 suggested (I more than tripped the recommended repayments amounts)
I saved and invested the entirety of my down payment for my house (my parents did give me a small amount as a congrats we are proud of you after the purchase <$5k which was never discussed).
TLDR - Hard work and living within your means was communicated to me from a young age.