I was raised pretty middle-upper class. Only child. My dad made 6 figures. I had a lot of privilege growing up and I knew I did. I was well informed on family finances, investments, etc. We were also frugal(ish) in spending. We went camping every year which I loved, but very few things like vacations, new cars, etc. We had a modest house in a small town. My parents would always just have a shit ton of money saved in savings accounts or investments.
Fast forward to today, they helped my partner and I buy a small farm halfway across the country. We’re a single income house (my partner has disabilities that prevents them from working). We live paycheque to paycheque because we like spending money. Local farmers market, buying things for the farm, and I get a little money spendy because my parents never really did that. I learned all the tips and tricks growing up and once let loose I didn’t really care. Never did.
We’re financially okay. We have debt like everyone else, but it’s manageable. But we don’t save anything. We’re trying to now this past year but it’s slow because I work in town and my partner will want me to pick up this thing from Canadian Tire, or this from Home Hardware, and always needing new things, or upgrading things on the century old house and homestead.
Basically, I was raised with money and my parents didn’t spend a lot of it. They’re very well off now. I do the opposite. I don’t really care much about the future, as hopefully we can break even on the farm. But we are trying to live more in the now than my parents ever did. Financially, I am very different from my parents.
I was raised pretty middle-upper class. Only child. My dad made 6 figures. I had a lot of privilege growing up and I knew I did. I was well informed on family finances, investments, etc. We were also frugal(ish) in spending. We went camping every year which I loved, but very few things like vacations, new cars, etc. We had a modest house in a small town. My parents would always just have a shit ton of money saved in savings accounts or investments.
Fast forward to today, they helped my partner and I buy a small farm halfway across the country. We’re a single income house (my partner has disabilities that prevents them from working). We live paycheque to paycheque because we like spending money. Local farmers market, buying things for the farm, and I get a little money spendy because my parents never really did that. I learned all the tips and tricks growing up and once let loose I didn’t really care. Never did.
We’re financially okay. We have debt like everyone else, but it’s manageable. But we don’t save anything. We’re trying to now this past year but it’s slow because I work in town and my partner will want me to pick up this thing from Canadian Tire, or this from Home Hardware, and always needing new things, or upgrading things on the century old house and homestead.
Basically, I was raised with money and my parents didn’t spend a lot of it. They’re very well off now. I do the opposite. I don’t really care much about the future, as hopefully we can break even on the farm. But we are trying to live more in the now than my parents ever did. Financially, I am very different from my parents.