I like his honesty advice and money advice. It is amazing what influence parents can have for generations with these little saying they give to is. He taught you and you taught your son. Did his mother teach him? Was it just something g that popped in his head one day that he had learned and so he taught you? What an impact. :) it is amazing.
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Yes, his mother too was a very honest lady and she was a woman of very high principles and values and as you say this gets passed on from one line to other and it becomes so much of a generational thing.