Kosher Money

The 24-Year-Old Who Discovered the Money Secret Adults Still Don’t Talk About

Jan 6, 2026
In this discussion, young entrepreneur Dave Katz, who founded his e-commerce venture by 23, shares eye-opening lessons about financial intentionality and the psychology of money. He discusses how confronting his emotions around money transformed his relationship with it. Katz highlights the importance of budgeting, automation, and making conscious financial decisions while advocating for open discussions about money. He emphasizes the need for youth financial education and believes that taking risks in your twenties is crucial for long-term success.
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ANECDOTE

Early Success Caused An Identity Shock

  • Dave Katz grew a fast e-commerce company by 23 and suddenly felt different from his friends due to rapid financial change.
  • That shock forced him into identity work and questioning how to manage income versus meaning.
INSIGHT

Money Without Intention Feels Empty

  • Dave realized income rose without thought, so expenses rose too and left him asking, "What's the point?".
  • He concluded intentionality, budgeting, and structure were the missing pieces to meaningful wealth.
ADVICE

Start The Money Conversation

  • Talk about money early and openly; Dave credits conversations with Simi for breaking avoidance habits.
  • Start by asking friends or a professional and normalize checking accounts and budgets regularly.
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