We never outgrow our mothers. At any age, we fall back on their loving care and their timeless wisdom to get us through life. And that includes their tried-and-tested financial advice. In celebration of moms who taught us well and prepared us for life, here are some of their best money advice.

Save first, spend later.
There’s no better time to save than now. You don’t have to wait for that extra money to come around. Just set aside whatever amount you could. What counts is how consistently you build up your funds over time. Think of the coin jar mom used to keep. What started as a few coins paid off some of your household’s major expenses. Who knows, the money you set aside now could be the seed of your retirement fund.

Need over want.
Dazzled by discounts and other promotions? Don’t let missing out on big bargains get the better of you. Ask yourself first: did you need the item before you learned about the sale? If not, you’re buying out of want. And when you do, you end up with buyers remorse; realizing you didn’t really need the item after all. So, stay focused on your needs. Not only will it save you money, but it will also spare you from the stress of wasting your hard-earned cash.

Mindful spending
When you want to save money, every little thing counts. Remember how mom would write the things she needed to buy? She was being mindful about her daily expenses. Because when you focus on what you need, you realize that there are many small, unnecessary expenses you could forego. And when you do, they all add up to saving big!

Invest in yourself.
Keeping up with the Kardashians? Not! You don’t have to live big to enjoy life. Mom taught us how the simplest pleasures gave us the greatest joy – and the best memories too! Now that’s something money can’t buy. So instead of spending big on possessions, spend on experiences especially those that widen your knowledge and deepen your understanding. As our mothers would always say, “Your mind is your best asset.”

No debts, no worries
If there’s one four-letter word moms wouldn’t want to hear you speak it would be ‘debt’. Because while getting into it is easy, getting out of it takes longer. So, make sure you use your credit card wisely. Pay off balances as soon as you can. Not only will this save you from paying interest payments, but this also helps build your credit score. Find out how to manage your debt so it doesn’t take over your life. Talk to Financial Rescue’s Debt Consultant to learn about the most effective strategies in conquering debt.