The final piece of advice my cross-country coach gave me before he passed was, “Start your 401k as soon as can and put in as much as you can.” It was my first year in college and it made no sense to me. He tried to explain it to me. I caught that involved working and retirement. I did my best to follow his advice and keep an eye out for it. The first and only time I have encountered the possibility of starting a 401k at work was five years ago. Their business manual mentioned they would pay into one after working there for 6 months, but I never met that requirement.
At the time, I missed the moral of his advice. Time is an important aspect of life and younger people need to catch as much of it while it’s abundant. Time becomes rarer as we age and that’s why older people value it so much. Time is a useful tool that us younger folk need to realize we have available to us. Like how time helps timer balls catch pokémon, it also helps our finances by using rollout, leech seed, pin missile, return and stockpile.
My first introduction to the modern smartphone was the pokégear when I was traveling in Johto as a schoolboy. It gave me access to the time, a map, music and the ability to call mom and other trainers, like Youngster Joey.
Now, it’s 17 years later and my smartphone can do much more than that original pokégear. My phone is my notebook, dictionary, email inbox, news source, trainer, and entertainment. There are countless ways to use a smartphone, and today I want to share with you all the few ways I use mine for my personal finances.