@Joeblow,
Joeblow wrote:
Part of me wants to say you guys had an attic? (I always envied people who had big attics:) but the other part just wants to assure you I get it.
No, that was the story my father would tell about his childhood. I don't think they owned their home, just rented space, and his room was apparantly the attic.
I always envied people who lived in an actual damned house.
My home was a flat above a store. It was on the property of the business he owned with my uncle.
He and my uncle raised the money to buy a bankrupt marina. He did that by first living with new bride with his parents, while he traveled down to another town to start building a house. When he got it to the place where it was livable, he moved his wife and first child into it. Then sold it and repeated the process on the property next door. Apparantly he did that 3 or 4 times in a row.
By the time I came around, #4 of 5, he had made a lot of money.
However, looking back as an adult, I can see that he wasn't really clear on how it had all happened, and didn't have any good idea of what to do with it after he got it.
It sure didn't go into decent living conditions for his family. I was too embarrassed to have anyone visit.
But he always had a brand new lincoln continental parked in front of the **** of box a home.
More importantly, because he really didn't have a game plan, or much knowledge about money, he was unable to impart anything of that sort on his kids.
One son died of alcoholism at 34. One is still alive, maybe 6 years older than me.
For some reason that one and his wife felt the need to start smoking crystal meth, after inheriting half the business (older sis got other half), selling it, and now pennyless and in rotten health. Younger sis became a coke addict, and in turns bulemic or anorexic. She's worked at either a McDonalds or a Pizza Hut her entire working life.
I attribute my normal life and financial stabilty to getting away from there as soon as possible, and keeping an open mind about learning about money, investing, etc, and not thinking I must know everything because I got flush with cash.