Hi guys
I just wanted to share a story from my life.
I grew up in a working class family. Saving money and making the best out of what I have was ingrained in my DNA from day one. That's what I'm really thankful for. The problem was because my parents never had much money, they never learned how to invest and didn't want to. They were always afraid of losing money and told me it's gambling like a casino. As a kid you believe your parents.
When I became an adult and had to deal with insurances for the first time I saw many things they set up for me that were just simply wrong and overpaid. From that moment I learned that my parents and adults in general don't have all the answers. It was hard to stand up to them and disagree with them but it made me a stronger person eventually. I learned to stick to my guns.
So when I worked a few years and had saved quite a bit of money I looked out for information how I should manage it to make the best out of it. I suddenly realized all my friends and family have no clue about that stuff. So I started gathering information and learning about personal finance and investing. I'm so thankful that the internet and communities like r/personalfinance exists. It opened up many possibilites and I'm still learning every day something new. And with all that information I'm in a much better place now financially than I would have without it.
Why I post this now? My father died few months ago and now I try teach my family about how to manage finances and the inheritance. I'm the youngest one... It's ironic isn't it? They realized that I'm one of the few who have a clue about how to not be broke.
TL;DR: So my advice is trust your gut and don't listen to people who themselves have never been financially in a better place than yourself.
Submitted December 08, 2017 at 10:06AM by kinggatorade http://ift.tt/2kcfe59
