[Mother's Day 2020 Campaign] What is the BEST personal finance lesson your mum taught you and why? Let us know and for one of you, we’ll send a cake your way for your mum this Mother's Day on Sunday!?

My mom has always told us whenever we have a sum of money, never spend all away no matter how tempting. Keep some here and there - it is what is today, never put all the eggs in the same basket. Diversify is the key to your financial life!

My mum ask me to save as much money as possible and never depend on anyone. I'm glad I listen to her because in terms of this pandemic crisis, I have lost my source of income. At least now I still have my savings to fall back on! Hope to reward her for her wisdom!

Simplest lesson. Our family don't print money and money don't grow on trees.

1st part means we (parents) will not be funding you for life, so grow up and start being independant (soon). 2nd part means wealth don't grow naturally, so put in hard work, time and effort - so applicable to all walks and aspects of life. :)

She taught me to not be afraid to ask for more. If I have good information or content that is of value add to another person in quantible amount or not, always ask for more initially before negotiating down so the other person also feels like that have a good bargain for it. This applies for interviewing for jobs as well.

I also learnt that saving first before spending is important. Then spend on needs before wants. Delayed gratification is very important to a person's future.