Personal

As I struggle to tack some zero’s onto my bank accounts, I found this comment left on my site by Jack Miller very inspiring:

“The first $50,000 is tougher than the last $5 million.”

Tell me about it! I can also attest this is true from all the highly successful people I have spoken with, they all went through some sort of struggling period before they finally hit it big.

I’d like my first $50,000 to be made primarily by ME. This means I want to make the bulk of my money through any means other than a 9am-5pm job. I am more proud of the $5.43 I made from my water experiment than the $3,121 I have made from working at my job.

I have another published article out in The Daily Texan today:

Interviewing 101: How to impress employers

Check it out!

As I’ve mentioned before, I hate being idle. I am in Houston for Spring “Break” and like I planned it has been a great mixture of business and fun.

The business side is in the form of helping to market condos and several web designing projects on the side. I am also doing some accounting for my online business in the meantime.

I also finally got a chance to see the Lamborghini Gallardo of a family friend today.

I look a bit goofy in this picture, but I am revving up a brand new Lamborghini and I could care less!

I also took a visit to our local Honda dealship one beautiful day to check out the motorcycles:

I was interviewed by Wall Street Journal Online reporter Terri Cullen on Monday afternoon, and the article is out today:

Blogs Expose Personal Finance: The Good, the Bad and the Ugly

The article features other blogs such as:
PFBlog.com
Mymoneyblog.com
Iwillteachyoutoberich.com
The Budgeting Babe
Neville’s Financial Blog
Savvy Saver blog
Insideblogging.com

Congrats to everyone who got a mention!

I really liked a particular quote Terri had:
“Another thing I liked about the blogs I visited was that most have yet to be consumed by the omnivorous beast that is GoogleAdSense.”

I had another article published today in the Daily Texan on savings for college students. You can check out the article online here.

The article has a few quotes from a fellow blogger at All Thing Financial. Thanks JLP!

I am currently writing an article for The Daily Texan on how college students should save. The article will highlight :

• The power of compound interest and its ability to turn a small savings into a huge one over time.
• Different types of savings accounts college students can open.
• How much money should be put away per year. I am doing my calculations based on a person putting away $3,000 per year.
• How to put away $3,000 a year. This section will inform people that only $8.21 needs to be saved everyday to add up to $3,000.

The article will be running this Tuesday, pressing my schedule a bit. This will be especially hard since I have several tests and papers due this week.

On the more financial side, I have opened up another Bank of America account for paying bills. I’ve deposited $300 into the account, and will add to it every week. This account will grow till I graduate, then I will split it up into several different accounts for different bills (car bill, house bills etc.) at that time.

On an unrelated note, a family friend that lives right next to me just bought a Lamborghini Gallardo. He starts small businesses (like storage facilties, car washes etc.) and sells them. He also owns many rental properties and apartments. With a little persuasion and lots of begging, I may even get to drive it!!

Today an article I wrote on Business Blogging was published in the Daily Texan, the largest campus newspaper in the nation.

I’d like to thank Murray from Capital Ideas and Charles Kirk from The Kirk Report for their interviews. Capital Ideas was featured in the Personal Finance Blog section, and The Kirk Report (my personal favorite) was featured in the Stock Blog section.

The article was in the Focus section, highlighting the benefits of reading or maintaing a blog for financial purposes. The whole process of writing the article was extremely educational thanks to the staff at the Daily Texan, especially the Focus editor Jonathan McNamara.

Click here to see the article!

I got a small blurb on the side of the page linking to NevBlog.com!

Check it out!

Usually when people ask me what I want to do after I graduate I say :

“I would like to work for a large investment firm where I can really sink my teeth into the market. After two or three years of working I’d like to get my MBA.”

This response generally will satisfy most people. I used to reply with my real aspirations, but saying it to someone who believes a corporate paycheck is the only way to go is futile.

If I tell you my real aspirations, it generally would go something like:

“I would like to simultaneously work and create investments

after college. By this I mean working during the day, and becoming a superhero entrepreneur by night. By 11-17-2012, my 30th birthday, I plan to have established Enwon Inc into a conglomerate company drawing income from 5 different sources in preferably different industries. These would most likely include the liquor industry, money management in stock, 2 inventions in the consumer products area and real estate.”

At the rate I’m going, I don’t think this is an unrealistic vision by any means. I have dabbled if not dived into everything named above (I don’t post some ventures for confidentiality purposes). My idol company is Fortune Brands, whose stock I own and love.

Obviously some people give me an awkward look and dissenting opinion when I tell them my true aspirations, but I have 8 years to prove them wrong!

I’d like it to be publicly known that my 3 hours of work today were COMPLETELY WASTED.

I work the night shift at the UT Law School computer lab for a few reasons:

-Very cool boss (who I only see on Friday)

-At night no one is there, so I have very little actual work to do (basically none).

-All the free computers, scanners, office supplies, printing etc. I ever need.

-Get a couple of rooms to myself with an enclosed office for talking on the phone.

-Flexible hours, but I usually keep them routine so I can work at nights.

-I get to do whatever I want and get paid at the same time. I usually get all my homework done, along with any web design etc. at work.

I get paid a paltry $7.32 an hour, but considering I get to do whatever I want while on the job, it is a perfect job for a student that needs the time!

The point of this post is: I am graduating in 5 months, and I need to UTILIZE EVERY SECOND to be financially stable by then! So these wasted hours need to stop!