Home » Getting Organised » Lessons about finance from my dad

Lessons about finance from my dad

My dad is a “just in case” kinda guy. I suspect he has rainy day savings for the rainy-day savings. It has meant he has been able to retire comfortably and is living his best life. I wish I had paid more attention, things would probably be a lot easier for me now if I had but it’s how we learn right? I did learn some lessons about finances from my dad though.Insurance #JustInCase | HarassedMom

Always have insurance! Even before I met David (who is in insurance) I always have had insurance. It is one of those things you just must have. I completely get that for some, the monthly expense may seem unjustified but I would rather pay the R900 odd a month for my car insurance than have to try find R60 000 should it need to be fixed as a result of an accident. The cost of not having a car is simple to great for me.

The same goes for my personal (now business) insurance. If something happens to my laptop, it can have devastating effects on my business. If our router gets struck by lightning I can’t work.

The monthly expense that comes with insurance is a necessity for me.

 Medical aid is not optional. I have never not had medical aid. There have been times we have only been on a hospital plan but there has always been something in place and there always will be. I realise this is probably a luxury but for me it is also a necessity. I need to know that should something happen to one of us that we are covered comprehensively. Having a loved one in hospital is stressful enough, I don’t want the additional stress of trying to figure out how to pay for it all.

Find a good financial planner. My dad has had his financial planner for years and years and years. If finances aren’t something you want to think about or have to stress about then you need to find a financial planner that you can trust. A good financial planner will help you invest your money, they will make sure your cover is all adequate for your needs and helps you reach your ultimate financial goals.

What lessons did your dad teach you about finance? Are these 3 things as important to you?

If you enjoyed this post please share with your friends! You can also find me on Twitter, Facebook, Instagram, Pinterest and Snapchat (harassedmom) and don’t forget to subscribe to my weekly newsletter.




  1. Tracey
    31 August, 2017 / 11:44 am

    For me car insurance and medical aid is not an optional extra. Although I have nothing but positive experiences with state hospitals, it is simply not a chance I want to take with my children.

  2. Chantal
    1 September, 2017 / 7:39 am

    My dad taught me one lesson, pay cash for everything, cars and property, less stress in life (plus much cheaper with no interest)

Leave a Reply

Your email address will not be published. Required fields are marked *

CommentLuv badge

This site uses Akismet to reduce spam. Learn how your comment data is processed.