I first discovered money at the young age of 5, I received my red pocket money from all the adult relatives during lunar new year and counted each pocket as I receive them. I kept the red pockets stored in a little green plastic treasure chest with a lock and key, making sure no one would touch the things I valued most inside. And to my surprise, even after our place was broken into, my amount of $125 was not touched. Who would have thought a little green box next to all the creepy dolls and sailormoon cards would have anything inside? Clearly wasn't worth the robber's time to check. Instead he opted to take our VHS player and broke a few of our tapes. As I grew older, my love and interest for money continued to grow. Very often I would take out my red pocket money that I've accumulated over the years to count and recount for my amusement. During my teenage years I spent a lot of time spending the cash I had on social events instead of saving it; my biggest regret.
I was studying to major in sciences because.....well that's what everyone else was doing. It's strange that neither my parents, nor myself, was able to notice my love for money and viewed it as my future career. But that's ok because my interest for money sparked and returned during grade 11 and I discovered the show "smart cookies." I saw the hosts as smart, talented, and beautiful young women who had a clue and knew what to do with their money. Their financial independence made them attractive and I wanted to be just like them, in fact, I vowed to surpass them.
With my blog I hope to inspire you (the reader) to take control of your finances and build a future with a solid foundation. You'll discover what investment means and how to properly define wealth because one of the biggest misconceptions of money are the individual definition that come with it. A high salary profession doesn't make you rich. Whether or not a person is wealthy is relative to their lifestyles. If Person A makes $1 million a year but he is also spends $2 million a year, then he is NOT rich, in fact he is broke beyond broke. He needs to pay the bank back completely in order to be considered broke. How sad is that? In contrast, if Person B earns $50,000 a year but only spends $30,000 a year, then I consider this person to be more wealthy compared to Person A.
So what I'm trying to say is, managing your money really isn't that bad. It takes practice and commitment, but overall it's really simple. Once you get the hang of it, you'll easily acheive financial independence in no time.
