Archive for June 11, 2010
Greatest Thing I’ve Learned From … David Chilton
Welcome to the latest series here at JosephSangl.com – Greatest Thing I’ve Learned From … In this series, I am going to be sharing the greatest things I’ve learned from financial and leadership experts. I hope you enjoy the series and will join in the conversation to share your favorite learnings from these leaders!
Greatest Thing I’ve Learned From … DAVID CHILTON
I was around 12 years old when my dad gave me a copy of David Chilton’s book, The Wealthy Barber. It taught me one of my life’s greatest lessons – the POWER of compound interest! Now, I know I was a little on the “nerdy” side as a kid, but this book actually kept my attention. So much so that when I obtained my first full-time job, I immediately raced to the benefits person and set my 401(k) contribution to the maximum allowed. I have NEVER regretted that decision. I also learned the negative side of compound interest, but it took a little first-hand experience with that for me to fully grasp that lesson (which I share in I Was Broke. Now I’m Not.)
David Chilton is also a JosephSangl.com Financial Hero.