Monday, March 18, 2013

Gene Hong

I dare say my dad is one of the smartest people I know. Some may argue that I haven't met a lot of people, but my response would be "then you probably haven't met my dad."

I am continually amazed at how knowledgeable my dad is and at times wonder what he doesn't know.

But his biggest passion - as you may have guessed it - would probably be finances. Of course that's not including family and church.

I know my last post had a little bit about my dad, but I didn't really go into detail about why having my dad's approval for being financially savvy was so important to me.

In my family my dad is known as financial guru .... okay maybe not publically but let's be honest, we all think that.

He could spend hours telling you the details about the stock market, why it's important to clip coupons, teaching you how to budget and quoting famous financial speakers such as Suze Orman.

Gifts at time tend to be book about how to be financially smart. And family meetings were us gathering around learning about how to stay out of debt, interest rates, taxes and credit cards.

Though many times these meetings would put me to sleep. I always held on to the handouts he gave because I knew he knew what he was talking about.

You see, my dad was first born in America, where his parents traveled from China. His parents owned many Chinese restaurants in Utah trying to save up some money to get by. But the business wasn't a huge money maker.

Leaving restaurant business my dad and my mom were able to put themselves through college and raise four kids. We never once went in debt, and we never once had to worry about not having a home to live in. We were able to go on trips to see the beauty of the United States and other surrounding areas and we were able to be cultured through going to museums and plays.

We lived a good life.

Unfortunately, none of us were good at sports, extraordinarily smart or anything else that would deem us a college scholarship. And yet, without going in debt or asking others for money my dad was able to earn and save up enough money to put all of us kids through college, and buy us each a working, reliable car as an aide for college life.

From poverty to a healthy financial stability, I know it was because of my dad's careful studying, perseverance and living without that helped my family feel like we had everything.

So thank you dad for giving me a life where I had everything I ever wanted and more. And for not just holding that knowledge for yourself but for taking the time to teach all of us kids how to be financial savvy so we too can help our future kids feel like they have everything.

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