Tuesday, May 13, 2008
Advice for 18 Year Old Future Millionaire
Two of my fellow PFBloggers, Kevin from No Debt Plan and Kristy from Master Your Card recently shared advice they would have given themselves when they were 18. It got me to thinking and reflecting on how my life has shaped up in the years since I was 18 and I decided to join them by posting the advice I would give myself when I turned 18.
I have a few words of wisdom to share to myself at 18 but nothing major. I think every experience I've had from 18 to now has shaped me to become the person I am today and I very content and happy with who I am in general and also financially so I wouldn't want any radical changes.
1. Watch out for that Curb!!! -- My first semester of college I was carrying my freshly laundered clothes back to my dorm from the laundry mat and misstepped on a curb and dislocated my shoulder. Three surgeries and almost a year of physical therapy I was finally back to normal, if I had it to do all over again I'd never pile up so many clothes I couldn't see where I was going.
2. Study Abroad, the Money will work out. -- The summer between my 1st and 2nd year I had the opportunity to Study Abroad in France (to date I've never been out of the country) and after much debate and number crunching I decided against studying abroad because I was concerned that I would not have enough funds to cover that semester with out working and be able to pay tuition the following semester.
3. Stay in touch with your High School Friends. -- This is not a financial advice but good advice none the less. College is a new exciting experience and unfortunately I got distracted with new experiences in college and as the years went by I lost touch with several of my friends from high school. To date I only stay in close contact with one of my high school friends.
4. Negotiate Harder for your salary. -- In my opinion I am well compensated for my job, however I can't help but think about some of the potential I might have given up by not pushing a little harder instead of accepting the first counter offer.
5. Have Fun, Enjoy College, it ends sooner than you think (even thought its well over 4 years). -- I don't really have any regrets, but I do miss the good ole days. :)
What about you? Any good advice for yourself at 18?