Six Questions About Money: An Interview With Author Stacy Monson

Author Stacy MonsonWelcome to Six Questions! It is a new feature where we’ll ask different people from various walks of life the same six questions. I expect that each person will bring something unique to a standard set of questions. Today’s guest is author Stacy Monson. I’ll let Stacy introduce herself momentarily.

As you read through this Six Questions interview and all the previous interviews, I hope your thinking is sparked. That as you hear  new and different perspectives you will be prodded to think about your own relationship to money.  The views of our guest do not  necessarily  reflect the views of Pocket Your Dollars.com or its staff, but are a springboard for thought and respectful discussion.

If you’d like to be featured in a Six Questions column, email me to express interest.

Now to Stacy…

Introduce yourself in 75 words or less

I’m a fiction writer, freelance writer, wife of 31 years, mom to 2 and mom-in-law to 1, and I’m a grandma-in-waiting.

What money issue are you dealing with in your life right now

Paying off debt is big for us right now. We had both of our cars die at the same time, which was at the same time as our daughter’s wedding. We don’t buy new cars but we do try to get the best deal on used cars.

One thing you learned about money while growing up that has stuck with you into adulthood

One thing I learned was that we don’t talk about money. Not at home and certainly not with strangers. My husband got the same message from his parents so it took us awhile to realize we had to talk about it. It’s never been an easy conversation, even when the news is good. (PocketYourDollars here: I am glad Stacy said this. I am certain that many, many others learned the same thing at home.)

One thing you didn’t learn at home about money, but wish you had

Being raised by a single mom back in the day when divorce was uncommon, we didn’t have a lot of extras. What the four of us kids didn’t know was that we had NO extras. My mom worked hard to keep us blissfully unaware of how dire things really were. Consequently, I didn’t learn anything about saving because she was simply doing her best to keep our family afloat. There wasn’t anything in savings – what came in went right back out. I wish there’d been a way to learn how to save even a tiny bit out of every paycheck but I understand why that wasn’t a priority for her.

Name your favorite money tool, resource or book?

Recently my husband and I went through Dave Ramsey’s Financial Peace seminar. Having a faith foundation to our money was a new concept. We enjoyed the seminar so much, and got so much out of it, that we paid for our daughter and son-in-law to go through it. This fall, we’ll all go through it again (it’s free after the first time) with our son who has his first “grown-up” job and is now living on his own.

What’s one piece of money advice you wish every American would follow?

Spend less than you make. If we all followed that, the country wouldn’t be drowning in debt. And perhaps there would be less of a sense of entitlement if we all understood that it takes work to make our dreams come true but it can be done.

If you’d like to connect with Stacy follow her blog, Land of 10,000 Words, which features MN authors or Stacy Monson.com to keep up with everything she is doing. She’s also on Twitter and Facebook.

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It’s PocketYourDollars again wondering how you can relate to these six answers to our six questions.