WHY I WROTE “The Easy Money Management Guide”
When I was twenty years old, working as a cashier at Quik Mart, I read a book that outlined a great strategy for saving and investing money, written by a guy who began working for $48 a week but retired with a couple million dollars in cash and assets. So, at twenty years old, I knew what to do, but I did not start doing it until twenty-five years later.
About ten years after reading that book, I met a woman named Suzy who did a lot of charitable work, including volunteering in Miami Jackson Hospital’s neonatal care center. Through Suzy I met her husband, “Mo” Chorney, a silver-haired, handsome guy in his seventies who took a liking to me. Most of my life I knew a lot about working for money but knew little about getting money to work for me. For years Mo tried to teach me about managing money, and for years I did nothing with what he tried to teach me.
Then one day, it hit me. I was sitting in Mo’s Florida home, in one of the two mansions he owned on Golden Beach. Mo traveled the world, made sure all his children lived in beautiful homes, and funded all his grandchildren’s college educations. He owned another home in Rhode Island and several rental properties. I, on the other hand, had a great job, but if I lost that job, after six months I would have no savings left. That day I realized that one of us knew a lot about money and one of us did not. I was the one who did not.
From that day forward, I began to listen and learn from Mo. (Thank you, Mo, for being patient with me.) More importantly, I decided not only to know, but to do. I have heard the best time to plant a tree is twenty-five years ago; the second-best time is now. I could not get those twenty-five years back, so I decided to take action where I was. Eight years from that moment, my wife and I were in a position either to continue in our careers or to retire comfortably from those careers and try some new things. We both decided to try some new things, and we have never looked back nor regretted it.