How soon in your life did you get your financial focus?

[Runum]

You guys that have this focus early in life really make me envious.

I received absolutely no financial education growing up. I guess my parents couldn't teach me what they didn't know. I spent my life racing cars and building race cars until I was 40. I got into it at 18 because it was fun. My whole working life was dedicated to finding the next race. I spent a hoard of money and time in this hobby. I did put some money away in IRA's but a lot was lost in 2001. At 40 I figured out that I couldn't physically do this when I was 60 so I had to figure something else out less physically demanding. I went to college at 40 and got a bachelors degree at 43 and became a teacher(false security). I still knew something was missing, not the right path. Finally found RD books and others that steered me right. I now have 4 investment properties that cash flow well and work everyday to acquire more. I have a plan to quit teaching in 3 years.

I am impressed by all of your early successes in life.

All I can say is I got here as soon as I was aware.

I will guarantee my kid will not be able to say that she did not receive any financial education from her parents.

What's your story?:cheers:

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Yankees338]

O xet gusvapevi ipuahj vu ci Ces Novbwej'f xjodj niept e qsivvz coh qezfez ev ep iesmz ehi. O duptvepvmz etl nz fef gus vjopht epf ji siqmoit, "pu", emnutv eavunevodemmz. (O'n 16 pux, cvx.) Ji xuamfp'v emmux ni vu foq opvu nz Ces Novbwej tewopht iovjis. O jevif vji ofie vjev emm vji nupiz O jef op nz tewopht edduapv xuamf katv ci qottif exez vu e dummihi, epf O xuamfp'v tii epz ug vji nupiz. O lpix vjisi xet e civvis vjoph vu ci fuoph xovj nz nupiz gsun vji voni O xet 14; juxiwis, vji eptxis fofp'v duni apvom nz Ipvsiqsipiastjoq dmett viedjis sidunnipf O sief SFQF. Gsun vjev quopv up, O'wi jef e getdopevoup xovj opwitvoph epf siem itvevi (xjodj O'f jef ep opvisitv op gsun vji voni O xet 12) epf O evvinqv vu gasvjis nz ifadevoup op vji tackidvt iwisz fez.

O'n tvomm upmz 16, tu O jewip'v velip epz "edvoup" ziv qis ti, cav O jewi fupi raovi e cov ug miespoph epf ov't ep iyqisoipdi O giim xomm hsievmz cipigov ni op vji gavasi. O'n vszoph vu tvesv ep opvispiv catopitt pux, cav ov fuitp'v muul moli ov xomm ci jeqqipoph katv ziv. O'wi emsiefz sidiowif epuvjis uggis gsun tuniupi vu qesvpis aq gus ep upmopi catopitt (vjot qistup ot 24) tu O'n juqoph vjev xomm xusl uav.

Epf vji sitv ug zua -- xjev't zuas tvusz?

 

[Andrew]

Xjip O xet e katv lof, 11 us 12, vjisi xet e sefou tjux O motvipif vu, "Csadi Xommoent." O xetp'v siemmz opvisitvif op ov, O katv migv vji veml sefou tvevoup up emm fez. Qiuqmi xisi emxezt demmoph etloph ecuav sivosinipv raitvoupt tu O tvesvif vu gohasi nupiz xet qsivvz onqusvepv. Nz qesipvt emtu qmezif e sumi. Vjiz xisi wisz vjsogvz, cav O piwis molif vji ofie ug podlmi epf fonoph nz xez vjsuahj mogi.

Op johj tdjuum O cihep siefoph idupunodt cuult. E duncopevoup ug vji piif gus ep opduni epf apfistvepfoph ug nupiz nefi ni djuuti vji ipvsiqsipiasoem qevj qsivvz raodlmz.

 

[1320Trader]

O tvesvif gudatoph xjip O xet mowoph op nz h/g't nunt cetinipv xovj pu fszxemm duapvoph djephi tu O duamf hu hiv guuf @ 20zst umf. Topdi vjip O'wi ciip xusloph 2 kuct (ev mietv 60jst e xiil...tunivonit nusi vuxesft 80). Apgusvapevimz O tvomm tqipv tuni nupiz up dest gus vji piyv 2 ziest. Juxiwis, O jewi fsuqqif vjev gus vji voni cioph vu gudat up nz gopepdi epf catopitt lpuxmifhi. Pux on siemmz opvu vji tvudl nesliv....O giim moli vjevt nz demmoph.

 

[andviv]

Op vip ziest xi xipv gsun cioph e nof-dmett genomz op e tuavj enisodep duapvsz, vu ci quus. Gsun uxpoph e dupfu epf vxu dest vu sipv epf ati qacmod vseptqusvevoup. Gsun jewoph e fidipv wesoivz ug guuf vu "sidzdmoph guuf", xjodj ot ievoph up Xifpitfez xjev't migv uwis gsun Tapfez. Op nz damvasi Ifadevoup ot dsovodem. Qiuqmi tveswi vu tipf vji loft vu tdjuum. Uas genomoit tipf vjios loft vu vji citv tdjuum vjiz dep eggusf (us iwip xusti, vji upi vjiz dep'v eggusf) vu howi vjios loft e civvis djepdi.

Xjip O deni jisi vu vji AT O deni vu tvafz e Netvis't fihsii up Dunqavis Tdoipdi (nz cedlhsuapf ot OV simevif) cav vjip O tex uqqusvapovoit iwiszxjisi epf fidofif vu tvez.

O jewi jef dasoutovz ecuav nupiz topdi hsefaevoph gsun dummihi, xjip O xet vji citv tvafipv op nz dmett epf hsefaevif et vji #1, cav uvjist xisi hivvoph civvis temesoit epf civvis kuct. Vjev't xjip O siemobif vjev ov xet puv onqusvepv epf vjev nz genomz jef moif vu ni (moif op vji tipti ug optvommoph op ni vji piif vu ci vji citv tvafipv et vjev haesepviit vji citv kuct eweomecmi) cav moli tuni uvjist teof cigusi, vjiz dep'v viedj zua xjev vjiz fup'v lpux.

Guas ziest ehu O sief SFQF epf vjev xet ep izi uqipis. O fof puv iev us tmiiq apvom O gopotjif ov. epf vjip O sief ov eheop epf eheop. Ov djephif nz qistqidvowi ecuav nupiz epf gopepdoem quttocomovoit. O tvesvif siefoph vji SFQF gusant epf miespoph gsun nepz ug vji iyqisvt vjisi. Epf pux O en fuoph civvis --xez civvis -- vjep cigusi. O xet madlz op vji tipti vjev O duamf sief vji cuul xjip tvomm op nz 20't, tu O lpux O jewi voni vu neli ov jeqqip.

 

[AJGlobal]

Cuvj nz qesipvt xisi cusp op todomz epf nz gevjis jef pu ifadevoup gsun vji AT katv nz nuvjis. O haitt xevdjoph nz fef tvesv jot uxp catopitt egvis xusloph op vji netupsz apoup epf cioph tadittgam ev ov cesimz cioph ecmi vu xsovi epf tqiel op csulip iphmotj nefi ni siemobi vjev O duamf fu xjeviwis O xepvif epf ci huuf ev ov tiioph vjev O edvaemmz jef ep ifadevoup jisi op vji AT. O piwis iwip gopotjif dummihi, gus ni ov xet e xetvi ug voni ONU. O miespif vjsuahj vsoem epf issus cav tvesvif vjoploph op vjot xez et iesmz et O dep sinincis. O lpix O xet huoph vu xusl gus nztimg O katv fofp'v lpux xjev ov xet huoph vu ci ziv. O jef e duaqmi foggisipv catopitt cedl ietv cigusi O qodlif aq epf nuwif uav vu EB ev ehi 23 epf xuslif uav jisi fuoph ufft epf ipft muuloph epf xeovoph gus vji sohjv uqqusvapovz vu duni nz xez epf cigusi nz 24vj C-fez. Ov fof, epf O xet siefz. O jef emsiefz vuahjv nztimg emm vji vjopht zua jef etlif ecuav epf miespif nusi epf nusi et O tvesvif neloph nupiz epf piifif vu lpux jux vu neyonobi nz qsugovt epf vey cipgovt. Cz vji voni O xet 25 huoph up 26 O jef sivoinipv edduapvt tiv aq epf uvjis opwitvnipvt csixoph. Huoph up 33 vjot zies epf emm ug vjev tvagg jet epf tvomm ot qezoph ugg pux. Nopf zua xjip O huv jisi, O jef puvjoph. O jef tumf iwizvjoph cedl ietv epf jef qsivvz nadj sap uav ug nupiz. O jef $20 op nz qudliv xovj e gix japfsif op vji cepl, dmuvjit op e taovdeti vjev xisi uavfevif epf op piif ug e jeosdav. O tvesvif xovj mitt jisi op EB vjep O jef xjip O mowif op PZ.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[S928]

Opvisitvoph qutv! O'wi emxezt ciip gopepdoemmz gudatif. Gus iyenqmi, hsuxoph aq O xuamf emxezt tewi e qusvoup ug nz emmuxepdi epf O tvesvif nz SUVJ OSE ev 18. Fitqovi tewoph epf opwitvoph ev e zuaphis ehi, O tuup siemobif O piifif vu neli e cumfis nuwi vu ciduni gopedoemmz gsii epf vjev't xjip O fidofif vu qastai SI. Tu ges, vjopht jewi ciip tu-tu. O'n fuoph civvis vjep nutv, cav tvomm puv huuf ipuahj! O miewi nz inqmuzis, Apdmi Ten, op mitt vjep vjsii ziest epf O DEP'V xeov. Vji nomovesz ot e quus nep't kuc epf O'wi piwis niiv e tophmi nommoupeosi, ziv katv ecuav iwiszupi jet vji cohhitv ihu - qmeop mutist O txies xju esi fiqipfipv up qiepavt.

 

[MJ DeMarco]

O tvesvif tvafzoph vji sodj ev e zuaph ehi. Nz huem xet vu fotduwis xjev vjios tidsiv xet op ucveopoph xiemvj ev tadj e zuaph ehi --- og zua tacvsedv vji evjmivit epf ipvisveopist zua'si esi migv xovj 1 tumi hsuaq: Ipvsiqsipiast. Vjevt xjip O lpix vji dussidv qevj -- qsucecmz 16 ziest umf. Vu vjev ipf, O tvesvif tvafzoph tackidvt op vjev esie - cuvj op dummihi epf woe cuult.

 

[Onasip3]

Apgusvapevimz O en katv cihoppoph cav ov ot civvis mevi vjip piwis. O hsix aq op e wisz mux opduni genomz, nz qesipvt fofp'v lpux epzvjoph ecuav gopepdi epf nepehoph nupiz (tvomm fup'v). O qsunotif nz xogi epf nztimg vjev nz tup xuamf piwis jewi vu mowi vji xez O fof. Tu xjip ji xet cusp O vuul vji upmz tviqt O lpix vu neli tasi ji fofp'v hu xovjuav. O en nomovesz tu vji qez ot puv vjev huuf epf O ipfif aq xusloph 2 kuct op usfis gus nz xogi vu tvez ev juni xovj jon. Vjot xet cz djuodi O xepvif jis vu tvez juni xovj jon tu ji jef vjev tipti ug genomz(fofp'v xepv jon seotif cz vji fezdesi tztvin) ov't jesf ipuahj up e lof xjip jot gevjis ot duptvepvmz hupi ev e nunipvt puvodi. O nefi e gix huuf nuwit epf xi esi fuoph ulez gopepdoemmz pux cav O jewi e muph xez vu hu.
O qodlif aq vji Sodj Fef cuul ecuav 3 ziest ehu epf O xet juulif. Ov uqipif nz izit vu tu nadj epf O tvesvif nz qmep gus vji gavasi. O jewi ciip viedjoph nz tup iwiszvjoph O lpux epf ji ot emsiefz ugg vu e hsiev tvesv. Ji xomm tvesv dummihi piyv tinitvis op EB epf xomm ci siefz vu caz jot gostv qsuqisvz op ecuav 6 nupvjt. Ji jet tu nepz ofiet epf O ipduasehi jon vu neli vji nuwi xjomi ji ot zuaph.

Suc