Was there an anticipation for you to take part in university formation? Did you take part in a form of university formation? If so, how did you pay for it?
Education has had priority in my family for decades, so no one thought that I didn’t go to the college. As a daughter of doctors, I inspired me when I was 18 years old. In Ecuador, the end lasts six years and you can go straight into the high school. My mother and grandparents supported themselves in relation to my training and paid for most of my studies until my little sister also came to college. For my mother it was too expensive for my mother to have two daughters at his own private universities (since my father died), I had to take out a loan for my last two school years.
What conversations did you have about money? Did you transfer your parents about finance?
My mother taught me the finances from my teenager. During the high school, she gave me a monthly allowance based on a budget that I had to introduce to her in a table. In addition, most of the conversations we had, how important it is to save and plan. She always recommended books and courses on personal finances that I never took seriously, but now that I started to make my own money, I wish I had used the resources that she offered me when I had more free time.
What was your first job and why did you get it?
In my last year of the medical faculty, I carried out an intern year as part of my degree in which I worked in a hospital, supported the residents and participated in everything they needed. I paid around 500 US dollars a month and used this money to pay all my personal expenses, in addition to the accommodation and the basic needs that my mother still covered for me. I also saved some money that I later spent on the trip abroad with my friends as a final gift from myself.
Have you worried about money that grew up?
I think most of what I was worried about money I grew up was after my father had died. In the first few years I saw my mother, who fought to pay loans and medicinal bills from my father’s illness (he had cancer) while he was the budget board, and that also worried me. When the company, which my father was involved, had done well and my mother had trained about personal finances, we finally started a very comfortable life. Although I almost stopped worrying about money afterwards, my mother stressed me so much that these first years definitely influenced me, and it became a memory that life can change drastically if you expect it the least and you have to be aware of it, but you also have to trust that you can be resistant enough to overcome life.
Are you worried about money now?
Since I plan to apply for a stay in two years in two years, I’m definitely going to do money. I would like to become a specialist abroad, which means that I have to save a certain amount of money for travel and learning, and I keep this when I feel like spending a little more money on things like concerts, expensive restaurants or clothing. However, my mother offered me to help me so that I can fully concentrate on this goal in 2026. This means that I will only work for a year for a year until I get into the program I want. Although I am so happy that my mother is ready to support me and I will contribute with more than half of the expected expenses for this process, I still feel guilty.
At what age do you become responsible for yourself financially and do you have a financial security network?
Tracking a medical career means that there is a great chance that you only acquire complete financial independence in your early thirties (or later). Although I paid for all my personal expenses last year, I believe that this is the first year in which I am financially responsible for myself (although I live with my mother for a few days a month). I am very grateful that I have my mother and grandparents because I know that they could help me financially if I need help, especially in the next few years. I also know that I could sell my car or my company shares in extreme emergency situations.
Do you have or have you ever received a passive or inherited income? If so, please explain.
When my father died, I inherited some things, including a part of a house that we finally sold, to buy a house in a more beautiful neighborhood, and the company shares that I still have. The money that I received from you every month was always used for educational purposes (including exchange and summer programs in other countries that are definitely life -changing). As already mentioned, my mother bought me a car when I started college so that I could go everywhere alone while she spent more time with my little sister without worrying me too much. My grandparents also give me around 500 US dollars a year for my birthday and Christmas, which I mainly use for more expensive personal editions (e.g. running equipment or travel), and if they are in the city, they offer for my food. Finally, my mother contributed to a pension fund every month when I started with the medical faculty. When I started to contribute to it during the internship, she got out, but I am so grateful for her amazing support for it (and everything else).
