where we are tackling the ever-present taboo that is money. We’re asking real people how they spend their hard-earned money during a seven-day period — and we’re tracking every last dollar.
Higher education is valued very highly in my family. Both of my parents have advanced degrees. I was fortunate enough to win a full-tuition scholarship. My parents paid for my housing, and they gave me a book allowance of $2,000 each semester. Everything else I paid for myself with savings from babysitting and summer internships.
Finances were talked about often in my family. Maybe too much. I remember my parents listening to a popular radio show about becoming debt-free during my formative years. This made me terrified of debt. I didn’t even get a credit card until last year, and I still pay it off every single week. Until college, my allowance was paid out monthly. I was encouraged to pick up odd jobs and began babysitting in seventh grade to pay for things like class trips and clothing items.
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