Twitter and Facebook Poll: What's Dad's Best Money Advice?

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Posted on 06/11/2010

Maybe your dad taught you how to hold a hammer, throw a curve ball or solve algebra equations. It was his sound advice, though, that likely helped you the most in life. Through Twitter and Facebook we asked you to share your dad’s best money advice in honor of Father’s Day. Looks like your pops knows a thing or two about finance.


Twitter

@sueyoungmedia: "There's no such thing as 'extra money' at the end of the month." – My Dad

@trishakeehn: He said make lots of it and share it all!

@TheActiveVoice: My dad always told me: Find something you love to do; then find a way to get paid for it. (Good career AND money advice.)

@russelldunkin: he always talked about saving 4 my college fund. This ingrained in me saving for long term goals & the expectation of a degree

@chriscato: "Acquire gold!" Dad was preaching it years ago before precious metals shot up in value. Of course, Dad is also a pirate.

@DJSisterhen: My dad put the fear of credit cards in me early on; he said, "carrying a credit card balance is like throwing yourself in jail"

@DustyDeming: My grandpa used to say "If you want to save money, don't go to town."


Facebook

Emily Kosa: "you should have six month's salary in savings for times of emergency"

Justin Andes: My dad ALWAYS said, "Don't spend what you don't have". ..Among other things, but that always stuck out.

Jordana Megonigal: "go ask your mother." :)

Karen Bourne: Keep track of what you spend and make a budget. Keep it.

Randy Hanson: My Dad always said to never borrow money to buy a car, because even if you had to drive an older car, you would be much freer......

Hank Merkle: Stop spending it. Save first! Then and only then, choose wisely how much you spend and what you choose to buy.


By Alison Storm


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Comments


Jennie

Posted on 06.12.10 at 8:28 AM

"Spend within your means."

pat

Posted on 06.12.10 at 9:13 AM

save your money, you may ned it some day

Peter

Posted on 06.13.10 at 12:27 PM

In America there are only two types of people: Those who control their finances, and those who are controlled by their finances. It's far better to be the former, than the later.

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