My hubby and I are quite conservative in our ideology. We were both raised in the Roman Catholic religion.
We vote conservative and live a life style that is well within our resources to pay for.
We both learned from our fogeys that you don't buy things on credit. If you need something that you economize till you have enough to purchase it. We do have cards ; however we pay them off in full at the end of every month. We have attempted to instill in our youngsters our values per our faith and finances. We were really stunned when our girl came back home from school and commented she was going to take the inheritance many that she received from her godmother and purchase a house. She revealed that she saw a place for sale close to campus and she believed she could stop throwing hire cash away and put that cash into her very own house. She questioned if we might meet with her and the realtor to see the house. We made an appointment and my hubby and I made a decision that we might keep an opened mine.
It had been a single family home whose basement was converted to a rental flat. My child might have the main floor of the home and could hire the loft out. There had been a washing room in the lower level that was separated from the residence.
She could opt to let the renters use the washing or not. We chatted to our girl about lawn upkeep as well as snow removal. These are things that she didn't take into consideration when she suspected to purchase a house. She would be helping out somebody that might not afford the full hire and she would be getting the outside work finished without having to do it herself. After a large amount of thought she made an offer on the house. I told her that I'd help her decorate and get settled.
It is a big responsibility, yet I suspect she is going to learn some great lessons.

