Over the past 10 years, we have spoken to hundreds of people across North America and documented stories about life, work, passion and purpose from social disrupters, ethical innovators and positive changemakers. Recently, we asked some of those we met to tell us a story about money. Specifically, What money lessons did their parents pass on to them that still influence them today?
Jessie Spector is the Executive Director of Resource Generation, an organization that works to help those with financial resources use their money in social justice and grassroots causes. The lessons she learnt from her parents led her to the work she does today. Here is her story:
"I remember as a kid watching my parents write cheques at the end of every year for the non profits and causes they supported. They also financially supported their friends and community members and I remember their conversations as they thoughtfully trying to handle the delicate art of giving money to those in need. That was the example I grew up with. My dad once said to me when I was a kid, in reference to the trust fund that I would inherent, 'You can't have a pony, but otherwise you can have whatever you want.'
An an adult, once I proved that I could make a good living on my own, I decided to give my trust fund money away. Now, I have a pretty aggressive giving plan. I've moved most of my trust fund into credit unions and funds, like one cooperative fund that give loans to farmers and non profits. My money isn't just sitting in the stock market invested in corporations that I don't believe in, but is actually being circulated through communities to make a real impact in people's lives."
Resource Generation recently launched their new Mission and Vision focusing the organization towards the equitable distribution of land, wealth and power. If you are interested in getting involved in Resource Generation check out their site and share your own money story.