10 Best Money Advice People Received From Their Parents

After someone asked the internet for the best advice they received from their parents about money, here are the top recommendations.

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1. Budgeting to Spend for Christmas Gifts One Redditor shared, “When I was between the ages of ten and twelve, for Christmas, our parents gave us a budget and a Toys’R’us catalog instead of asking us what we wanted.

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2. Work Hard and Do Your Best In School “Do your best at school so you can go to a new place and live a comfortable life,” answered another. “We are poor and have nothing to give you if we pass on, and your education is the only thing we can offer to help you in the future, teary-eyed, and sobbing.

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Best Money Advice

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3. Pad Your Pension One suggested, “Pay as much as you can into your pension. It’s good advice I ignored for a while because I was young and stupid, then adopted it.”

4. Choose a Career Because You Love it, Not Because of the Pay “Choose a career you love that covers your bills over a job that pays loads but makes you miserable. It is generally good advice in terms of net life satisfaction,” one confessed.

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5. If You Want Something, Save For It

6. Watching Your Parents Struggle Growing Up Accidental advice was seeing them go into debt for unnecessary luxuries that later took years to pay off (crushing my mum to the point where she was going without necessities at times because of lack of cash).

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10 Best Money Advice People Received From Their Parents

After someone asked the internet for the best advice they received from their parents about money, here are the top recommendations.

1. Budgeting to Spend for Christmas Gifts One Redditor shared, “When I was between the ages of ten and twelve, for Christmas, our parents gave us a budget and a Toys’R’us catalog instead of asking us what we wanted.

Best Money Advice

3. Pad Your Pension One suggested, “Pay as much as you can into your pension. It’s good advice I ignored for a while because I was young and stupid, then adopted it.”

4. Choose a Career Because You Love it, Not Because of the Pay “Choose a career you love that covers your bills over a job that pays loads but makes you miserable. It is generally good advice in terms of net life satisfaction,” one confessed.

5. If You Want Something, Save For It

“Some good advice I received, save up for things you want. As a child, that made me plan how long it would take to get something and made me consider the trade-offs like sweets now vs. extra week saving,” answered another.

6. Watching Your Parents Struggle Growing Up Accidental advice was seeing them go into debt for unnecessary luxuries that later took years to pay off (crushing my mum to the point where she was going without necessities at times because of lack of cash).

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