1. Sandy,
    I grew up on a farm with 4 siblings and besides our tobacco crop we all worked jobs outside the home with me starting when I was 12. We did the tobacco after work and weekends. I got scholarships; grants; and borrowed money for college and sold my car for 500 and bought another for 150 when I was a senior in order to have enough money to finish out the school year. It hurt to know my mom would give me gas money when she most likely had none for herself. When I started work and after we married my wife and I decided we would never put on a credit card anything we could not pay completely off when the bill came. If not we did not get it. We decided early that we would give to the church every month regardless. We kept a detailed budget for a few years to remain diligent. We no longer do but we do not make any extravagant purchases either. No vehicle we have has less than 100000 miles on it I know fear drives some of this and I hope good sense the rest.

    I believe strongly in having a fee only financial adviser who you pay to advise you and who is not trying to steer you into investments other type of financial advisers are tied too.

  2. My favorite favorite favorite post EVER!!
    I am such a big fan of living debt-free!!
    As a fellow “Nort-ender” I shared those same values from my super-hard-working parents.
    The parents that would only pay cash for their cars.
    The parents that made us get paper routes to pay for anything above hand-me-downs and hand-sewn clothes.
    The parents that encouraged us to go to college, but made it clear we would have to pay for it.
    I just lost my job for the first time in my life last week.
    At 43, I am fully prepared financially for this, because I’ve lived debt-free.
    And the first two people I can thank are my parents, for sure…

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