Originally Posted by
Joe
In my case, there was no-one to teach me. My father was paid weekly, in cash. He handed the money to my mother, who put the money behind the clock on the mantlepiece in the dining room, and helped herself to money when she went shopping or paid bills. It was entirely cash-based, so there were no 'books' to keep. Sometimes the money would run out before the week ended, and we'd have to pretend to be out when someone (eg the milkman) wanted paying. My parents didn't have a bank account or cheque books until long after I'd left home, and never had any sort of credit or debit card. I had to teach myself how to budget, which only became a necessity once I'd taken on a mortgage.