If there is a phrase that characterizes my closer family, parents and siblings, is: “Money must not be squandered.” My parents used to remind this to me while growing up. I can say that my family cannot be considered spenders at all. It did not matter how well or not our finances were, my parents always encouraged me to put some money into the bank. Not surprisingly, they did not hesitate to open saving accounts for me and my siblings. In this respect, the message I received from them was that money can help someone or cause damage. Such an …