My maternal grandmother said "nothing beats a failure like a try". She had a 7th grade education and worked on her parents farm until she got married in 1916. She and my grandfather bought a small farm, had a child (my mother, born 1918). My grandfather was a carpenter who built barns and farm outbuildings. He couldn't manage his carpentry (where most of the money came from), and the farm. So my grandmother convinced him to give the farm to the bank that held the mortgage and start over. That is what they did. They bought a house a few years later and paid cash. She was my first financial advisor.
My maternal grandmother said "nothing beats a failure like a try". She had a 7th grade education and worked on her parents farm until she got married in 1916. She and my grandfather bought a small farm, had a child (my mother, born 1918). My grandfather was a carpenter who built barns and farm outbuildings. He couldn't manage his carpentry (where most of the money came from), and the farm. So my grandmother convinced him to give the farm to the bank that held the mortgage and start over. That is what they did. They bought a house a few years later and paid cash. She was my first financial advisor.
Truly beautiful and inspiring! It's wonderful to hear how her life lessons have influenced you. Thank you for sharing this touching story!