If you’ve read any of my other blog posts you will find that I love to talk about investing and investing strategies, but where did all of this start for me?
I think almost everyone has a point in their life where they figure out how life works and that parents need to work to care for their families. This realization came to me somewhere around the age of 6 when my dad told me that he helped people with investments. I had no idea what that mean and I think it sparked a subconscious curiosity inside of me for many years. It wasn’t until I was 15 years old I decided to figure out what investing was all about.
When I was 112 I was making money with my brothers mowing lawns, learning the concept of money. I am grateful that I was able to learn how to work early on in life. I loved the satisfaction of working and paying for my own expenses. Although I loved (and still do) working, the thought came to me, how do some people amass so much wealth that they don’t have to work anymore?
You see, I thought that you had to save up a ton of money to retire. I thought the only way someone can make a lot of money is to earn it all and save it. As we have learned from my past blog posts, investing your money can help you earn hundreds of thousands of more money throughout the course of your life.
At 15 I decided to open my first investment account. Although I was investing next to nothing, it was an incredible concept to learn that I could make money by doing nothing! The idea that my money could make money was fascinating to me and really got me thinking, if anyone can invest, why isn’t everyone investing?
I think that a lot of people just don’t understand how powerful investing is, and where to start. The rest of my teenage years I kept investing money little by little, but stopped paying attention to my investment account. Fast forward 6 years to age 21 and I found myself living alone while only making 10 dollars an hour. I didn’t have a car, laptop or even a phone. Thanks to my investment account I was able to purchase all three of these items with cash and without going into any debt. A year later I proposed to my fiance with a ring that I bought from my investment accounts. Thanks to the investments I made as a young kid, I was able to buy essentials while I was in college without going into debt.
Chances are if you’re reading this, you are not a teenager, but just because you didn’t invest 10 years ago doesn’t mean that you won’t be glad you invested now in the future. Make your future self proud and start investing today. Hopefully you won’t need to touch your investments 10 years from now and can continue to build your retirement account. But if there ever is a situation that would arise where you need money to cover your expenses, you will be covered.
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