When I was younger, I was sure I knew everything. Sometimes I still fall back into that mode and then something happens to prove (usually quickly) how stupid that thought is. However, if you’ll let it, experience and age bring wisdom and knowledge that just can’t be taught any other way. That’s the premise for this post.
I have been privileged to hire an intern at work. She is young – 18 – and VERY intelligent, but during one of our discussions, her comments reminded me that all the education in the world can’t beat out some good experience when it comes to learning about personal finance. With that in mind, I compiled a list of 10 things I wish someone would have taught me when I was 18 and things I will convey to her – even though they have nothing to do with her assigned job duties. I will admit many of them are not directly about money, but I included them because they had a very powerful impact on my financial life. [Read more…]