Mother’s Day is coming up fast, and here at LearnVest we’re especially appreciative of the great things that our mothers have taught us about money.
In fact, many of us plan to pass down some—if not all!—of our moms’ sage financial insights to future generations. Here are just a couple of examples of great mom money advice from members of the LearnVest staff:
- My mom had a rule: If you’re going to buy it, be sure that you really love it. It’s a rule that I use with my kids—and it’s awesome to see them use that filter when we’re in a store. They’ve walked away from many things with a simple “I don’t really love it.”
—Ainslie, Chief Marketing and Product Officer
- My mom taught me that using my imagination can save money. In second grade I wanted to be Luke Skywalker from ”Return of the Jedi” for Halloween. Instead of spending my allowance on the pricey light saber in the toy shop, she suggested that I make one out of a wrapping paper roll. As Yoda would say, strong is my mom with the Force.
—Tom, Senior Editor
Of course, we’re all about equal opportunity appreciation, so our May monthly challenge includes not only moms, but aunts, grandfathers, older cousins … basically, any family member who’s ever taken the time to talk to you about money.
So we’re looking for the one money lesson that your family taught you that you’re planning to pass on—or have passed on—to your own family. By sharing your story in the comments below, you’ll be entered to win $250!
Be sure to use your email address when you comment—it won’t be visible to other users—so we can notify you should you win. Good luck!