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

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 money On learning about entrepreneurship and business ethics at age 5 Her philosophy on spending money How she developed discipline when she got her first job Saving early for retirement Big question to ask yourself when you're opening a retirement account How she started investing The importance of creating a rule of thumb Started teaching a class on personal finance The realisation she had after their apartment burned down The importance of emergency funds How her outlook changed in terms of life and finances after the fire incident happened Her goal in her financial journey And SO much more! Learn more about your ad choices. Visit megaphone.fm/adchoices