Take Charge
Growing up my parents have always taught me how to be money smart. Save! Save! Save! I never was a big shopper, but I did think my parents were being a little dramatic. My husband and I are taking a lecture series class together. Every week entrepreneurs of all kind come in and tell us about their successes, failures, and the paths they took to get where they are today. Monday's entrepreneurs was Corbin Church. He has become very successful at what he does and he also helps mentor some of the budding entrepreneurs at BYU.
Corbin touched on some of, what I thought were, key aspects of life in general. The first thing he said was that the most successful people are people who are frugal and SAVE. The next thing he talked about was how we could start small with investing. He suggested to buy a house with a basement apartment. The idea is that you and your spouse live in the basement apartment and rent out the top part of the house. Then the renters pay off your mortgage. The last thing I wanted to touch on was that Corbin brought up that there has to be balance in life! Five categories were put up on the projector: health, spirituality, family, work, and school. He emphasized that each needs to be given an equal amount of attention.
I knew all of these things sounded familiar. They were all taught to me by my parents growing up. It was nice validation that my parents aren't crazy. I'm still not a big shopper, but being able to hear those things reiterated was a great reminder. Our life is our's. We can take charge of our financial path. As I was reminded of these core concepts I will continue to apply them in my life. I will be in charge of my financial present and future.