82: Early Money Lessons Create Healthy Money Experiences with Aditi Shekar

BiggerPockets Money Podcast - A podcast by BiggerPockets

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Aditi Shekar learned entrepreneurship at a very early age - when she asked her father for a toy and he said no, make your own money. She’s been creating businesses ever since. Her father’s advice wasn’t the only great money management tips she received early on. In college, a finance professor did two entire classes on personal finance, sharing the benefits of starting early to save for retirement.  Her financial independence journey was kickstarted when her apartment burned down - and she had no renters insurance. “I don’t want more stuff. I just want to figure out the life I want to lead.”  Aditi and her husband took a roadtrip to discover where they wanted to live, and ended up in two separate cities, visiting on the weekends. Time apart made them realize they wanted to be together, so she moved to him, and started the life she truly wanted. In This Episode We Cover:Aditi's journey with moneyOn learning about entrepreneurship and business ethics at age 5Her philosophy on spending moneyHow she developed discipline when she got her first jobSaving early for retirementBig question to ask yourself when you're opening a retirement accountHow she started investingThe importance of creating a rule of thumbStarted teaching a class on personal financeThe realisation she had after their apartment burned downThe importance of emergency fundsHow her outlook changed in terms of life and finances after the fire incident happenedHer goal in her financial journeyAnd SO much more!

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