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?
Yes, a traditional Asian household always came to expect that I would complete a university education. My parents did not put me under pressure to operate medical faculty, but there were definitely expectations from my extended family. In contrast to the expectations of everyone, I decided as my main subject. During my building management courses, I had to attend accounting courses and immediately fell in love. I really enjoyed the accounting at school and completed my conclusion with accounting. I spent three and a half years at school and did summer internships at the same time, so I was able to pay for a school semester. My parents paid the other three years. I went to the local university and oscillated from home to save money, but I am still lucky enough to have parents who invested in my training and I am very grateful. I worked in many different environments in accounting for about three years, but none of them made me happy. At my last accounting job I burned down and was incredibly depressed that my career did not “train”. I decided to stop and take a break. This break lasted three years, but it was worth it. Now I have swiveled my career in business analytics and I’ve enjoyed it so far.
What conversations did you have about money? Have you informed your parents/legal guardians about finance?
When we grew up, we were always a family with a low income. We never went on vacation, just ate at home, and the greatest costs were probably the general living costs. So I was always aware that we had no money. My parents never taught me anything about finance from this, as “not spending any money”. I only learned about finance until I had my first office job and made money for adults. I saw a million YouTube videos to learn something about personal finances. I would say I have decent knowledge of personal finances, but overall I have nothing to show because I blown my savings during my three -year break, Lol.
What was your first job and why did you get it?
I got my first job at 17, against my parents’ will, as an excavator in the local grocery store. My parents were concerned that I would lose my focus if I had a job, but I really wanted to autonomy from my parents and wanted to make spending decisions that I would not regret how I would treat myself to Starbucks. Admittedly, I treated a lot, so I can’t say that it doesn’t regret everything. Working in retail, however, brought me a lot about money and how difficult it is to actually make money. I learned that I didn’t like retail and needed a comfortable office job to work. When I was in college, I spent a lot of time to pursue internships. Fortunately, I was able to complete three internships when I was on the college, which helped me pay for a school semester.
Have you worried about money that grew up?
Yes, a lot. I was always aware of how little money we had as a family because my parents always complained about it. I don’t think this is the best way to raise children because it exerts a lot of pressure to find a way to survive at a young age. You start thinking well as a child, if I do it, we can get money or if I don’t do it, we can save money. It is much to think at a young age and definitely has an effect in the way they are older.
Are you worried about money now?
Yes, a lot. I wasn’t worried when I was in my three -year break because I concentrated on my mental health and basically survived that I just had to do without money. Of course, that meant that I brought in my savings and dipped directly in credit card debt, but when the antidepressants started to work, I was back to my “old” myself. I was able to work again and was then concerned about my urgent finances. Fortunately, I had nice parents who save me, but I am aware that not everyone has that.
At what age do you become responsible for yourself financially and do you have a financial security network?
I became financially responsible for myself when I pulled home from my parents at the age of 23. At this age, my relationship with my husband today was quite stable and we both agreed that we needed our own space. Without saying my parents, I packed all my things together and went. They were broken and had this expectation that I would essentially live with them forever. But I set this border and told them that I needed space to grow. This led to many improvements in my relationship with my parents, and I do not regret this decision at all. I know that there is always a place to return to, but I’m also strong enough to stand on my own two feet.
Do you have or have you ever received a passive or inherited income? If so, please explain.
No, however, my parents have their home and plan to leave it to my brother, and I as soon as they come by. This is about 100,000 US dollars, which is closest to what I have for inheritance. I plan to use the most money for your funeral costs and possibly save remaining. My grandparents on the side of my father are already over and they have left nothing behind. My grandparents on my mother’s side plan to leave everything to my uncle. I am grateful for everything I will receive from my parents when I died. I don’t expect anything from you because you have helped me so much in life so far.