
24. Live Paycheck to Paycheck
Most people love their parents but not everybody is perfect. One Reddit user explained that his parents gave the worst money advice and lived paycheck to paycheck. He revealed that they had no concept of saving for a rainy day and also spent beyond their means.
The user explained: “I ignored a lot of my parents’ financial advice and I’m so glad I did. They both made decent money, but borrowed against their house, bought cars they didn’t need, and paid for other ridiculous things.” That’s a tough pill to swallow.