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by Leah Ellison Bradley A couple of years ago, I was talking—actuall whining—to my mother about how many of my friends had huge chunks of money seemingly “fall into their laps” when it came time to buy their first house. Almost all of these scenarios were the result of a wedding gift, special stock purchased when they were born with the intention of giving it to them as a down payment, or the death of a relative who named them in their will. At the time, I was a new homeowner and new parent, still swimming in debt from student loans, and I sarcastically asked my mother, “Any chance you have a stash of cash you’ve been waiting to give me?” Without missing a beat, my mother replied, “I already gave you your inheritance. I gave you potential.” I’ve mulled over her comment many times since that conversation and each year my appreciation for my inheritance deepens. Her comment also sparked my curiosity, making me wonder what other women learned from their mothers about saving and spending the almighty dollar. So I asked a group of women, “What is the most important thing your mother taught you about money?”
Enjoy and share in the lessons learned by women around the country from their moms. Shopping, saving and reusing—it’s all here in the September/October 2005 issue of Horizons! Call 800/524-2612 |
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