Happy Mother’s Day! Every one knows that MOMS ROCK so we asked Dane County Credit Union staff members to tell us the best financial advice they got from mom.
The best advice my mom gave me was to pay attention to what I was spending. She allowed me to have my first account when I was 16 and got my first paycheck. Sometimes my account would get too low and I would ask my mom for money. She would look at my checkbook register and say, “well, looks like you should have paid more attention to what you were spending this week, guess you will have to wait until your next check to go see that movie”. It was tough love, but that taught me how to manage my money real quick! – Amanda F.
Mom told me, “Pay your bills early and don’t screw up your credit!” – Carrie D.
My mom taught me credit scores are a lot like sledding- it’s much easier to go down than go up! – Tiffany S.
My mom always told me to live within my means, which is great advice. Another thing she always told me is “Neither a lender nor a borrower be.” Basically, don’t be in debt to somebody or have someone be in debt to you if you can avoid it.– Eric E.
Mom said: Always balance your checkbook! – Lora K.
My Mom always said “Don’t spend every penny you make. Save some for hard times!” – Diana A.
Mom gave me two important bits of advice: In business, pay yourself first. And don’t buy anything you don’t understand. – Shay S.
Mom told me 3 things that stuck. 1) If you need money, get a job. 2) You have to count on yourself first. 3) If you want to buy something, save for it. – Jon L.
The best financial advice my mom gave me was, plan ahead and save for what you want. She would also tell me to “Buy something nice for yourself.” – Carla W.
My Mom taught me to never spend what you don’t have. It is really sound advice that has helped me stay out of debt and live within my means for most of my life. – Bonnie R.
My mom taught me Thrifty is Nifty! She was always a thrifty shopper. As a child I hated it because we always had hand me downs, garage sale, & second hand clothes. As a single mother of two I now appreciate my mom showing me ways to save money and still be able to provide nice things for my family. – Jessie C.
My mom told me: “Don’t spend your money on something useless. If you save it you will be able to buy something more meaningful.” – Corinne O.
My mom’s best financial advice was to have an account separate from your joint account with your spouse. She always said everyone needs a “slush fund” if you want to treat yourself to something & not feel guilty on spending the money on yourself. She also encouraged me to have a Holiday account. She is a very smart woman & I treasure her very much. – Ann C.
Dane County Credit Union wishes all moms a very happy Mother’s Day!