mother knows best

(yoshiffles)

What Did Your Mom Teach You About Money?

When I was in first grade, the lunch lady at my school informed me that my parents had overpaid for my meals for the month, and sent the extra money home with me, as I remember it. I took it to my mom, who said that everyone should have a bank account, and that we could use that $18 or so to start one for me. And to add to that — she said that moolah could grow to a larger amount all by itself through a magical thing called “interest.” [More]