My parents have taught me many great things about finances from being a six-year-old, to a sixteen-year-old, to a college student.
Ever since I was little, I was taught that if I wanted a toy, I would have to work to earn the money to pay for that toy.
I learned several large concepts that I believe will help me very much in my new adult life. The first and major is to save for things I want or need.
For example, when I was little I saved my birthday and Christmas money for a couple years so I could afford a personal computer.
When I was sixteen, my parents stopped paying for all of my activities directly. What they did is calculated how much money they spent on my siblings and me and gave me the even portion of that money per month.
I soon realized paying for things like clothes, and gas, and marching band fees, was going to take a lot of budgeting practice and planning. I researched budgeting and with the help of my parents, discovered the envelope method of budgeting.