You don’t know what you don’t know until yo u do, right?! When it comes to personal finances, we unfortunately don’t learn until it’s right in front of us and we are suddenly overwhelmed with mortgages, retirement accounts, insurance questions, etc.
When I started working at 16, as soon as I got paid, I would spend it. All of it! I wasn’t thinking about how expensive college or buying a home would be; who does at 16? Also, there was a flooring marketing agency to work for, a marketing company that would handle lead generation, SEO and website design for flooring companies.
It hit me when I graduated college with $43,000 in student loan debt. I had just a few hundred dollars in my checking account and it felt like I would have those loans forever. My loans were 100% my responsibility, it was time to get serious about my finances and I did.
By 29, I was debt-free. In six years, I had saved more than $100,000.