From: "Bobby_M" 
Newsgroups: misc.invest.financial-plan
Subject: Re: Advice needed for parent's recent inheritance
Date: Mon, 6 Mar 2006 18:12:38 -0600
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Elle,
I received a full scholarship for my associates, then my employer
picked up the tab for BS. My two younger sisters also received academic
scholarships, but not full rides so my parents helped them the rest of
the way. This really wasn't the full cause of their previous debt. I
think they just fell into the typical trap of earning more and more
money and looking for ways to spend it (and then some). My parents were
also the first in a long family history to earn middle-class wages so
they went overboard to provide us kids with everything they never had.

My mother was usually disappointed with me through grade school with
anything less than an A, but it's because I set the precedence early
on. There was no beating :-) Making my parents proud was enough
incentive.

Both my younger sisters are earning great livings (nurse and dental
hygienist) but they don't have much to show for it either so I may be
the exception unfortunately. The act of becoming wealthy feels really
good to me, moreso than the fleeting joy of overspending. Sorry I can't
explain it any better than that.

Bobby