lazygood4nothinbum
Thinks s/he gets paid by the post
- Joined
- Feb 27, 2006
- Messages
- 3,895
on october 5th of 1938 mom deposited $1.
with a quarter here & a dollar there, by december mom already had 4 bucks collecting interest. at 3% inflation that's $30.75 in today's dollars just on the principal, not bad for a 6-year-old.
mom loved to make money. her favorite job in the office was collecting on bills. she considered that work a challenge and the reward her due. she even loved making money from when she was a child. instead of heading off to hebrew school after regular classes like her parents had instructed, she got herself a part-time job and skipped the extra schooling so she could work and make money.
i still remember mom bringing me to the bank when i was a little kid to open my first savings account. but as i was not diligent in my life about the task, i do not still have my first deposit book. unlike mom, i never did like work. i never cared for making money. but at least the smallest bit of mom's good financial sense rubbed off on me that i grew up responsible about money and have been only rarely wasteful of it.
i think it is a wonderful tribute to her respect of currency that although mom most certainly spent her first dollar, she kept a record of it.
with a quarter here & a dollar there, by december mom already had 4 bucks collecting interest. at 3% inflation that's $30.75 in today's dollars just on the principal, not bad for a 6-year-old.
mom loved to make money. her favorite job in the office was collecting on bills. she considered that work a challenge and the reward her due. she even loved making money from when she was a child. instead of heading off to hebrew school after regular classes like her parents had instructed, she got herself a part-time job and skipped the extra schooling so she could work and make money.
i still remember mom bringing me to the bank when i was a little kid to open my first savings account. but as i was not diligent in my life about the task, i do not still have my first deposit book. unlike mom, i never did like work. i never cared for making money. but at least the smallest bit of mom's good financial sense rubbed off on me that i grew up responsible about money and have been only rarely wasteful of it.
i think it is a wonderful tribute to her respect of currency that although mom most certainly spent her first dollar, she kept a record of it.