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Stacey’s parent’s money beliefs are STILL affecting her TODAY

7 Jun 2023 · 1 min

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A short interview excerpt in which Stacey describes how her parents’ frugal, ‘never enough’ money mindset shaped her childhood (they sacrificed for her university, the family took only one vacation). Stacey characterizes her parents as still holding 1980s-era price expectations and avoiding talks about her salary because they assume she is "loaded." The conversation highlights intergenerational differences in attitudes toward spending and saving.

Your mom. What do you remember her saying about money growing up?
Well, we didn't enjoy. We didn't go on vacations. We went on one my entire childhood. Yeah. Like, my parents sacrificed a lot so that they could help pay for my university.
What'd they say sitting around the dinner table at home? What do you remember them talking about when it came to money?
That, like, we always need to save, like, there was never enough. I think they're still like that. They're still kind of, like, weird about money. Like, they're like boomer generation, and it's like they haven't adjusted to, like, what things cost.
Right.
They still think things cost, like, the 1980s.
Yeah. Yeah.
So I can't talk to them. I don't talk to them about my salary. I can't. Because then they just go like, you're loaded. And I'm like, no, no.
They still think, like, jeans cost, like, $15.
Yes.
Okay.