Boosting Your Financial IQ

148: If You Are 15-25 Years Old, Listen to This

Jan 13, 2025
Young adults face pivotal financial decisions that can shape their future. The journey from a minimum wage job to a multimillion-dollar business highlights the lessons learned from struggle and hard work. Sacrifices made during this journey illustrate the power of perseverance. Making informed choices in education and career paths lays the foundation for future success. Listeners are encouraged to embrace financial literacy and consider a free program designed to build essential skills for better opportunities.
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ADVICE

Future Decisions

  • Make decisions today that your future self will thank you for.
  • Apply financial literacy principles to secure a brighter future.
ANECDOTE

Early Struggles

  • At 16, Steve Coffrin left home with no financial safety net.
  • He lived in his sister's converted laundry room and worked at Dairy Queen.
ANECDOTE

Entrepreneurial Start

  • Coffrin transitioned from Dairy Queen to a sprinkler company, then started his own.
  • He charged $50/hour and doubled the price of parts, making good money for his age.
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