How Mom Taught Us to Be Smart With Money

How Mom Taught Us to Be Smart With Money

We’ve all done it. Mom rattles off another one of her signature one-liners. You roll your eyes. She can't always be right . . . right?

Turns out there’s some truth to those quips she had stored in her back pocket—especially when it comes to money. Here are a few bits of mom wisdom that check out, even though it may have taken you a while to come around. (Thanks, Mom.)

Lessons Mom Taught Us About Money (and Life)

“Be thankful for what you have."

As you get older, you start to realize how important it is to approach life this way. When you’re not thankful, you’ll always want the next big thing (and you’ll pay big bucks to get it). When you’re thankful for what you have, you’ll realize how blessed you really are.

“I said no, and I mean no.”

This one hurt, but it was an important lesson to learn. For your own good, Mom had to say no sometimes. Maybe you never realized how important this word was to your vocabulary until you had kids or responsibilities of your own. Thanks to mom, you know that “No!” is a complete sentence.

“Money isn’t everything.”

Yes, it’s nice to have some, and it’s definitely important to manage your money well, but money isn’t everything. The more you give, and the more you build relationships, the more you’ll grow as a person. The older you get, the more you realize how true that really is.

“Money doesn’t grow on trees."

Mom taught you to get up off your butt during summer when school was out instead of sitting inside playing video games. She had a way of “encouraging” you to get to work. She told you that the best way to make money was to go work for it. Thanks to her “encouragement,” you are able to build a life of your own and not live in your old high school, boy-band-poster-clad room.

“It’s better to give than receive.”

You may have heard this a time or two growing up. Your mom taught you about sharing and giving to causes that are important to you because the more you give, the less you focus on yourself.

Even though you may have dismissed these momisms earlier in life, be thankful you’ve come around. She’s a pretty smart lady, that mom of yours.

Happy Mother’s Day, Mom!Your mom always wants the best for you and your future, and one way to take control of both is with a budget. EveryDollar makes it easy to keep track of your day-to-day spending and achieve your big money goals. You can create your free budget in less than 10 minutes!

Already budgeting? Track your daily expenses and savings so you stay on top of your money goals.