Questions and Answers:
Q: At what age do you remember handling your own money?
A: In my mid-teens
Q. Did you have a piggy bank to add coins to?
Q. Did you get an allowance and/or paid for chores?
Q. How did you earn money for things you wanted?
A. I bummed money off my friends until I started a PT job junior year of high school.
Q. Did you have jobs outside your house to earn money? What did you do?
A. I was helpful to friends’ parents who were nice enough (invited me for lunch and
included me in activities).
Q. Were you more of a saver or spender as a kid?
A. Neither, since I didn’t have access to cash.
Q. Were you aware of the financial situation your parents were raising you in?
A. Yes, my father was an alcoholic who saved enough cash to pay bills and drank
away the remainder of his paycheck.
Q. Did you know the difference between needs and wants when it came to asking
your parents for things?
A. In my early teens I learned = if I wanted anything other than the bare necessities
of life I’d best head for the corner barroom Friday nights and ask for some cash. It
was a most unpleasurable experience.
Q. Did you ever ‘save up’ for a special item that you wanted? What was it?
A. I used to paste green stamps in books and go to the redemption store where I
found a few items (globe – toaster – horseshoe lamp).
Q. Did you have a savings account as a child?
A. No, heck I was stopped from charging a ‘one-penny’ Bazooka bubble gum at the
grocery store that delivered the standing order of canned goods weekly.
Q. Was there anything you routinely spent your own money on when growing up?
A. Once I became a part-time employee, I’d order a vanilla frappe and 3 jelly donuts
for breakfast at the local variety store Monday thru Friday.
Scrolling up I view the truth of a dysfunctional childhood (no sugar-coating).
Being poor is far from the norm as you are bullied and ridiculed even if you are a
smart ‘Go to the Head of the Class’ student.
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