What was your 'money-piphany'? What one moment changed your attitude to money?

When I was a lot younger I saved up for a few years and went travelling abroad with my boyfriend, planning on finding jobs along the way. Work was a lot harder to come by in one country and we could only find commission-only sales jobs, which neither of us were any good at. Our savings dwindled and I remember trying to eke out a small bag of pasta over several weeks.

Before travelling I was quite flippant with my wages, but when I returned I was a lot more careful than before, and that stuck.

What was your 'money-piphany'? What changed your attitude to money?


  • maisie_cat
    maisie_cat Posts: 2,055
    First Anniversary Name Dropper Academoney Grad First Post
    My dad died when he was 39 and until I reached that age I expected to die young ish and lived life a bit too much. I was never in debt but I didn't save as much as I should have, spent what I earned and didn't make mortgage overpayments. 
  • kimwp
    kimwp Posts: 1,641
    First Anniversary Photogenic First Post Name Dropper
    When I was 17, in another city with a friend, I happily bought two pairs of jeans, then realised that left about ten pounds in my bank account from around £100. So an immediate drop from an amount that felt bountiful, to an amount that wouldn't get me home. The experience of going back to the shop to return a pair and realising that I'd spent so much of my money in such a short time really made a mark and it's only recently (20 years later!) that I've been able to relax a bit about spending.
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  • JGB1955
    JGB1955 Posts: 3,434
    First Anniversary First Post Name Dropper
    Our money-epiphany was receiving inheritances that take us way above the £1M mark and realising we have to do something about it.  Still struggling with spending... but getting there...  epiphanies can work both ways...   
    #2 Saving for Christmas 2024 - £1 a day challenge. £131 of £366
  • tacpot12
    tacpot12 Posts: 7,850
    First Anniversary Name Dropper First Post
    Someone bought me a copy of "Rich Dad, Poor Dad". 
    The comments I post are my personal opinion. While I try to check everything is correct before posting, I can and do make mistakes, so always try to check official information sources before relying on my posts.
  • enthusiasticsaver
    enthusiasticsaver Posts: 15,310
    First Anniversary First Post Name Dropper I've been Money Tipped!
    Taking on our first mortgage probably was when we had to really start being careful as up until then we had two good salaries, a subsidised rented flat in the first year of our marriage, no kids and we spent freely.  No debt but did not really save either except for pensions. 

    After taking on our first mortgage and then losing my salary when we had two children close together meant money was incredibly tight.  I budgeted very very carefully though and we never bought on credit thankfully.  It got easier as time went on but we never returned to our free and easy spending days prior to buying our first house. Even now when we can afford to spend without regard we don't. 

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  • For me it was realising that I was working a job I didn’t like to buy stuff I didn’t really want and to pay the interest on my credit cards.
    Mortgage at 01.01.14 £119,481.83:eek: today £0 Emergency fund £5.5/5.5k & £200/200 cash.:jWeight 24/02/19 14st 7lb now 11st 12lb determined to stop defining myself by my mistakes. Progress not perfection.:T100%through my 1% mortgage challenge. 30.15% through my pb challenge.
  • lr1277
    lr1277 Posts: 1,617
    Name Dropper First Post First Anniversary Combo Breaker
    Reading Rich Dad Poor Dad and also Rules of Wealth.
    I read the 2nd book in the Rich Dad series about cashflow quadrants which I didn't find helpful, but I may have missed the message. The 3rd book in the series about investing, I found useful.
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