These are things our elders used to learn—not as they do now with interactive games on tablets, but by juggling the money that came into the home and making it last until the end of the month. We weren’t taught much about these things at school, but we were at home. Our first concept of a budget came with the phrase: “You can buy whatever you want with your allowance, but don’t come asking me for more.”
The idea of how much money we could borrow based on our income came later with: “I’ll advance you some of your allowance to buy what you want, but then you’ll want to go to the cinema and you won’t have any money to go.” And what can be said of that wise old saying, “nobody gives you something for nothing,” which forced us to look more carefully at anything to do with our savings.
