Growing up, did you ever watch your parents wrestle with financial uncertainty?

I sure did!

I remember watching my parents navigate constant money challenges—each month a delicate balancing act, each bill a source of stress.

If you grew up in a similar environment, you’ve probably noticed how this impacted your attitude towards money.

But what you may not be aware of, is that out childhood struggles also mold our character, instilling certain traits that stay with us into adulthood.

In this article, we’ll explore seven distinct traits that often develop in people who witnessed financial hardship in their formative years.

These traits, shaped by adversity, can offer both insight and opportunities for growth as you navigate your own path to success and stability.

1) Resilience

One of the first traits we often see in adults who grew up watching their parents struggle financially is resilience.

Here’s why.

Growing up in a financially unstable environment means facing and overcoming various challenges.

This repeated exposure to hardship can cultivate toughness and adaptability.

In adult life, this resilience often translates into an ability to handle setbacks with grace and tenacity.

Whether it’s a career hurdle, relationship issue, or financial setback, these individuals are more likely to bounce back quickly and effectively.

So if you’ve grown up in a financially struggling household, know that your resilience is a valuable trait that can carry you through life’s ups and downs.

2) Value of money

This is a trait I can personally relate to.

Growing up, my parents always had to stretch every dollar to cover our basic needs and sometimes, even that wasn’t enough.

Guess what happened?

As an adult, I’ve developed a deep appreciation for the value of money.

Unlike many of my peers who enjoy splurging on the latest gadgets or designer clothes, I get a sense of satisfaction from saving money and making wise financial decisions.

For example, instead of ordering takeout every night, I prefer cooking meals at home.

Not only is this healthier, but it also saves a significant amount of money over time.

This trait isn’t about being stingy or depriving oneself of enjoyment.

It’s about understanding the true value of money and making thoughtful decisions to secure a stable financial future.

3) Fear of financial instability

Let’s get real for a moment.

Seeing your parents struggle to make ends meet can leave a lasting impression.

For some, it plants a seed of fear – the fear of financial instability.

I’ve seen it in myself and in others who grew up in similar circumstances, and psychologists even back up this trait.

We carry an underlying anxiety about money, a nagging worry that we, too, might end up struggling financially.

It’s not all doom and gloom though.

This fear can actually serve as a powerful motivator.

In an attempt to avoid the hardships we once witnessed, it can push us to:

• Work harder
• Strive for better jobs
• Build solid financial habits

So, while it’s an uncomfortable reality to face, this fear of financial instability can drive us to establish a more secure and prosperous life for ourselves.

4) Empathy

You might be wondering, “How does witnessing financial struggles lead to empathy?”

Here’s the thing.

Experiencing hardships in childhood, like financial instability, can heighten our sensitivity towards others who are going through similar situations.

We’ve been there, we know how it feels, and because of that, we’re often more understanding and compassionate.

In my experience, adults who’ve seen their parents struggle financially are often the first to lend a helping hand to others in need.

We understand that everyone has their own battles, and if we can lighten someone else’s load even a little, we’re more than willing to do so.

So, while growing up in a financially unstable environment can be challenging, it often fosters a deep sense of empathy that enriches our interactions and relationships throughout our adult lives.

5) Resourcefulness

If you’ve ever had to figure out how to make a meal out of random pantry items, or fix a broken toy with nothing more than duct tape and determination, you already know what I’m talking about.

Resourcefulness.

It’s a trait often found in those who grew up watching their parents navigate financial struggles.

When money is tight, you learn to:

• Think on your feet
• Find solutions to problems
• Make the most of what you have

So if you’ve grown up in a financially challenging environment, there’s a good chance you’ve developed a knack for thinking outside the box and making the most out of any situation.

And that’s something truly valuable.

6) Gratitude

You know, there’s something beautiful that often blooms from the soil of financial struggle: Gratitude.

When you’ve seen the worry in your parents’ eyes as they try to make ends meet, or felt the relief when a unexpected bill gets paid, you develop a profound appreciation for the small victories in life.

As an adult, this often translates into a deep sense of gratitude for the things we have, rather than a constant longing for what we don’t.

We find joy in simplicity, contentment in stability, and we understand that happiness isn’t about having it all, but appreciating it all.

So if you’ve experienced financial struggles growing up, remember to embrace the gratitude it may have instilled in you.

It’s a trait that not only enriches your own life, but also radiates positivity to those around you.

7) Determination

Growing up with financial instability often fosters a fierce determination in us.

We’ve seen the struggles, we’ve felt the hardships, and we’re fueled by a strong resolve to create a different life for ourselves.

This determination is more than just a trait; it’s a powerful driving force that can propel us towards financial stability and success.

It pushes us to work hard, aim high, and never give up, no matter how tough the road ahead might seem.

So if you carry this trait from witnessing your parents’ financial struggles, embrace it.

It’s your secret weapon, your guiding star, leading you towards a future filled with potential and prosperity.

Final thoughts

The impact of financial struggles during your upbringing can profoundly shape who you become as an adult.

The traits developed from such experiences often carry strengths and insights that can guide you towards greater resilience and success.

The key here is to harness these traits in a positive way.

Your resilience can be your rock in times of adversity. Your value for money can guide you towards financial stability.

Your fear could be the fuel that drives your ambition. 

So use these traits as stepping stones, guiding you towards a future where financial stability is not just a dream, but a reality.