Financial responsibility comes with age… and sometimes it doesn’t come at all. Having a heavy wallet and a comfy lifestyle doesn’t come easily. In order to preserve and continue the lifestyle you want to live for the foreseeable future, you need to budget what you have and be smart with your money. If you get too carried away with the spontaneity of life, you might be left stranded financially (and physically) when you’re coming up to retirement age.
The 29-year-old son in this next story is teaching his mother a lesson on financial literacy after she quits her job and sells her house to travel. He claims that everyone warned her prior to this drawn-out excursion, yet, she decided to go through with it anyway. The circumstances here would be different if she had cushy savings to fall back on, but that doesn’t seem likely given she’s trying to reason with her son for money and shelter…