It's Father's Day this Sunday, 16th June! What are some of your father's financial habits that you have modelled after?

Working hard, taking calculated risks and donating to the needy.

My dad taught me the importance of frugality. He also taught me that the main purpose of money should be to bring joy to those important to us. So he doesn't skimp when it comes to spending on those he loves. 🙂

Biggest lesson: do not spend too much on unnecessary things

One thing I've learnt from my dad is to not be 'penny wise and pound foolish'. While my family is not well to do initially, there are times when my dad makes quality purchases for long-term items (e.g. a good pair of sports shoes, or a quality printer) that makes a lower average 'cost per use' - despite the higher upfront costs, these items generally last longer from higher quality purchases.

Food wise, might be better to go with what your dad enjoys! price is the amount you pay, but value is the satisfaction you get! (for my dad, a nice bowl of porridge n dimsum with the whole family together makes his day! )