This post was included in Carnival of Personal Finance #299: The March Break Edition as one of the Editor’s Picks!
I was raised by my mother and my grandmother. An emergency fund was non-existent in our family. I don’t think that growing up I even understood what it means. Neither my grandmother nor my mother discussed family financial matters with me. Even when I graduated from the University and got my first job, no one ever told me: save up Aloysa, spend less than you make, think about retirement.