In honor of Father’s Day on Sunday June 17, I thought it would be fun to post blogs this week about the lessons and adventures I’ve had with my dad. You didn’t forget about Father’s Day did you? Well if you did, consider this your notice, make sure to show your appreciation for your dad. This post is going to discuss what my father taught me about personal finances.
Growing up my parents were anything but wealthy. I learned really quickly what it meant to be frugal. My parents drove cars till they died, lived in modest homes and going out to dinner was considered a treat. I remember begging and pleading to get my first pair of Nike shoes at the age of 13 because it was the “cool” thing to have. When I got a bit older we moved into a home with a pool, my siblings and I thought we had died and gone to heaven. Even though we lived in a nicer home, my father’s frugality never changed. My father always made sure that lights were turned off, windows were opened instead of using the air conditioner and showers were timed. Have you ever heard the saying “If it’s yellow let it mellow, if it’s brown flush it down” when referring to the toilet? That actually happened in our house to save water.
As a kid I always complained about the cost saving restrictions we had. I am now grateful for the lessons in frugality that my father taught me. I now use those same cost saving measures in my house; minus the toilet thing. That grosses me out. Now that I am a father I plan to pass these lessons on to my children. Is 4 months old too young to start teaching?
What are the financial lessons your father taught you? Do you still use those lessons today?
“He didn’t tell me how to live; he lived, and let me watch him do it.” ~ Clarence Budington Kelland