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What Did Your Parents Teach You About Money?

February was National Parent Leadership Month, which highlighted the role parents play in shaping the lives of their children. As a sort of tie-in, the most recent poll in the Get Rich Slowly sidebar asked: “Did your parents prepare you well for financial independence?” Over 1000 GRS readers responded; the results surprised me: 17% of you said, “Yes, they did a great job in preparing me.” 17% said, “They did well — I learned the basics.” 18% said, “It was okay, but they missed some key areas.” 48% said, “What preparation for Financial Independence?” I, too, fall in that last group, but I guess I didn’t expect it to be so large.

 

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