My Financial Experience

Since I can remember my family has always struggled with money. My parents’ financial experience is like a box of assorted chocolate. Sometimes they make ends meet, sometimes they do not. My mother used to work for the state of Tennessee. She worked on computers and was married to my dad who was in a rock band that took tours overseas a lot. Momma worked full time and came home to do the exact same thing. They soon got a divorce and my mother was working her tail off for my sister and I to be able to live. Since then my mother has gotten remarried, has not been paid child support since I was seven years old or so, and is now trying to make ends meet and pay off a bunch of debt.

Although my parents always struggled for money, my mother wanted

We do live in a bigger home than usual for people with my parent’s income together, but it was something they could afford at the time they bought it. My parents are great people and I love them so much, my mother just has bad credit so all of my loans right now are in my name. I see that I am incurring a debt and interest everyday because of school loans. But I do not have a credit card and that is something I know if I had, I would get in trouble with. I took personal finance in high school and that is when I learned the difference between a debit card and a credit card. That opened my eyes so much more in what financial maturity looks like. I was able to figure out how to write a check and keep up with a checkbook, I learned about how babies are expensive, and about debt. I have learned that like my mother if I have a credit card I am going to get in trouble. This why I only have a debit card and both of them are closed cards (I believe there might be another term for this). It is when I run out of money; I cannot overdraft my account and occur an extra debt over the amount owed. That is so my card will automatically decline when I run out of money. This is good so I don’t get myself into trouble, and so it shows me that I need watch my