What money advice from your parents turned out to be completely wrong?

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Tagged: inflation, investment, myths, parenting

This topic has 1 reply, 2 voices, and was last updated 1 month ago by amy.stevens943.

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- May 13, 2026 at 9:51 am #2232
  
  Ashley Faye
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  Mine: ‘Just work hard and save money in the bank.’ No investing. No index funds. No understanding of inflation eating your savings alive. What outdated money beliefs did you grow up with and when did you finally unlearn them?
- May 13, 2026 at 12:42 pm #2235
  
  amy.stevens943
  Participant
  
  I grew up believing debt was always bad and investing was basically gambling meanwhile inflation was quietly destroying cash sitting idle. It took me way too long to realise that financial literacy isn’t just about saving money, it’s about making money work for you.
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