I was #7 of 8 kids. Never earned allowance and always had hand-me-downs. In my house you got a job when you turned 13 (babysitting or mowing lawns until it was legal to work). I paid for half my car (parents paid the other half), and I paid my own insurance/gas on that car. Once I got a job my parents didn't pay for ANYTHING (well, aside from the obvious food and shelter in the house).
Once I got a job I paid for clothes, school lunches, extracurricular expenses and anything else I needed/wanted.
I am appreciative of how my parents raised me with finances. I appreciate everything I got because from age 13 on it was bought with my own money.
One bad thing is that I was never taught how to balance a checkbook, so when I got to college I bounced a dozen checks before the bank lady sat down and taught me how to keep up with an account (sad, but true- I was soooo embarrassed).
When I got to college I went a little overboard and opened up a credit card and spent WAY too much money on things I didn't need because we had so little growing up. Got smart my senior year of college and got it all paid off. Now I save like a maniac and don't live beyond my means (I live below my means and pump as much as possible into savings and retirement).



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