Report Did your parents talk to you about money when you were a kid? in The Chat Board Posted 13 hours ago yes. We were taught that budgets don't work as people then spend all their budgeted money. instead you buy minimal and every single cent left over from everything is put into a container and paid off the mortgage faster or put into savings. if you can get something secondhand then get it that way, don't buy new unless there is no other option and it is essential. nothing every borrowed apart from a mortgage. live well below your means and save save save. that is how my parents lives, that is how their parents lived, that is how we live and my children are living like that as well.