Last year my dad passed away.
He was a great guy, an amazing dad and the reason I became so interested in personal finance. (One of my first posts was about important lessons I learned from my parents.)
In honor of him, I’d like to recount some of his philosophies on money and life and how he walked the walk every day.
Lesson 1 – Save some money
My dad was BIG on saving. One of my earliest memories was a coffee can in his roll-top desk where I’d deposit half dollars that his Uncle Walt would give me at church every Sunday.
In college, he had me open a Roth IRA (they had just come out!) and told me to put money in every month. Even if it wasn’t a lot, that was okay as long as I contributed regularly. In time, when I had more money, I could (and should) contribute more.