Monroe on a Budget

Site search

Meta

Site menu:

Categories

Recent Comments

Recent Posts

Links:

Archives

 

November 2007
S M T W T F S
« Oct   Dec »
 123
45678910
11121314151617
18192021222324
252627282930  
]]

What a financially painful childhood can teach you about money

No, this isn’t a story about my parents and their lifestyle when I was growing up. I’m still reading through all the great posts I found recently on money-related blog carnivals and deciding which ones to share with my readers. And here’s a guest post from Dough Roller at Money, Matter and More Musings that is getting a lot of follow-up comments. It was one of the featured posts on the Oct. 23 edition of Festival of Frugality.

The story: What a financially painful childhood can teach you about money.

A snippet:

As the bills mounted, my parents paid them with a second mortgage on our home. (Do you see where this is going?) I can remember our family literally having no money. My stepfather got paid once a month, and on payday (the happiest day of the month) my mom and I would put two or three dollars of gas in the car. Then we would head over to the grocery store to buy food because by the end of the month there was virtually no food in the house.