My parents started teaching me about personal finance at a very young age. When I was younger, if I wanted a toy, I would have to buy it with my own money that I made through chores.
When I grew up and started my first job in high school, I was told that with every paycheck I should give, save, and spend. It’s these three money rules that have shaped my personal finances over the years.
I was taught that the more you give, the more you get back. I was also taught to save. I try to save 15% of my total gross income. So if I made $2,000 at my summer job, I should be saving $300 of it.
As I reached college, my parents taught me about credit and how I should slowly build my credit through my very first student credit card.