Thats me done !! I am truly worn out.

headchef

I echo the thoughts of other posters who say their parents didn't teach them about money, espcially when money was an tight for the parents. My mum actually said to me 'but how come you're in debt? I taught you about money'. Had to reply that actually she didn't teach me anything - only ever heard her say 'we can't afford it' and unfortunatly that didn't do anything but make me feel poor! Once I got my degree I thought life was going to be so different from that of my parents who had never had the opportunites to go to university or college. She also told me 'good education and good job = being well off'!!!!
Bless her

Avogirly

My parents explained everything about the value of money. I was just stupid not to listen to them, but then that's me all over, I have to learn the hard way. Trust me, this is one lesson well learnt and I now know to listen to my Mum, she knows best!!!

Rache_2

My parents taught me about money; unfortunately they taught me that if you had it you spent it (and then some). They also taught me that if you want it and don't have the money for it you can put it on a credit card. They taught me that outside appearances are important and that it is a Very Bad Thing if anyone finds out you are in financial difficulties, so you must hide it from them. They taught me that if someone doesn't pay money you're owed you must wallow in self pity instead of taking a deep breath and getting on with it. They taught me that if you're in debt and struggling, then taking on more debt or using someone else's credit (your daughter's student loan, for example, or her student Barclaycard) is a valid way around it. They didn't teach me to budget, or to shop around. This wasn't done maliciously, but I learn best by example....

Luckily for a while it didn't matter as i was in debt anyway, but I had a large income so never really felt the pinch. Even now, I could easily pootle along carrying £20,000 of debt, but I'd never be able to save properly or feel really secure.

I'm having to relearn the hard way.