Did your Mom and Dad give you advice on how to budget ?

[baggieal]

My nieces tend to live pay cheque to pay cheque, if they wants something they want it now, so that involves credit.
They earn good money, they will save for a holiday but not for the future.
Like a lot of my old work mates, they live including bonus's and overtime. When overtime stopped at work, my mates were in trouble.
When I started work, Dad told me save 10% of your basic, overtime is a bonus.
At my age,you had to be 21 to get HP or get your Dad to sign. Which my Dad wouldn't, he used to say If you want something you have got to save.
This advice stood me well.
What I wish I had learned was how to use money to make money.
Instead of working long hours, looking back I should flipped houses .
I put money into pensions so I am OK, I retired early.
My wife says I'm a fuddy duddy, when she hears me given them advice.
Is budgeting taught in school ?

Being sensible Lloyd is the right approach. I do understand those who live for today and have a great time as might not be around tomorrow!

My dismay is seeing those who don’t have holidays and forego having a good time stick too much into pensions/money for old age. I raised my voice at my mum when she retired and told her to enjoy life - take holidays and spend! I didn’t want to be left a bean and told her that!

Why people go without to purposely leave a nest egg baffles me! I like to hear people who have no regrets ie - seeing the world - having enjoyed life to the full and not any of the - wish I had done this or that when younger!!

When your dead - you are dead! Life is for enjoying until the last breathe! My opinion!