This piece is part of my 2016–2026 archive migration. Some original formatting, content, and external links may be missing, changed, or not be optimized.
Some people have it. Some people don’t.
What makes some people more financially apt than others? Some people think it’s genetic. Some think it’s a choice. Some think it’s education. I believe it’s something you either have or don’t, and it can start early.
I started using a piggy bank as a kid and didn’t stop using one until I got my bank account.
Once I got my bank account, I developed the habit of maintaining a zero balance. The zero balance was the amount of money I would maintain in my account no matter what expenses came up. It was another form of an emergency fund that kept me covered.
Later my parents introduced me to the concept of an individual retirement account at 14, which was fascinating. The account helped me put a down payment on my first car, which was a mistake, but I kept investing in the account, which helped me develop the habit of investing early.
I always asked my parents for work as a kid. What can I do for money? I’d take whatever task was available. Not only did I work for my parents, but I took work from others who would offer it.
I took fast food, retail, and customer service jobs to elevate my financial circumstances. Cleaning toilets wasn’t beneath me; I was also a cook in the bank of a fast food restaurant. I was determined to increase my income at all costs. All of the experiences helped me learn how to manage money and work responsibly. But most importantly, these positions taught me to value my time, which I speak more about in #7.
Giving out loans to friends and family was a natural part of my life early on because I found a way to profit from these loans. I always ensured I had enough money to give out loans – even if that loan took a chunk of my money; I knew I would get the principal amount plus interest back, placing me in a better position than before the loan was distributed.
Starting my own business via the encouragement of my parents was one of the best decisions I ever embarked on because it taught me the importance of valuing your time. I couldn’t work in customer service, retail, or fast food jobs for too long because they destroyed my time for such small payoffs. Starting and working with my dad on his business taught me the importance of effectively giving your time away. Some jobs aren’t worth it.
This content is for informational purposes only — not professional advice. Consult a qualified professional before making any major decisions.
This content is for informational purposes only — not professional advice. Consult a qualified professional before making any major decisions.