Finalist #8: Samantha – MyKindaMom

Meet Samantha who entered into the MyKindaMom contest with a story about earning, saving, and ultimately investing.  Rather than indulge in a shopping spree she initially wanted, Samantha learned from her mom that saving and investing her money is a far more rewarding experience.

“Let your money sit before you spend it, was always the money saving wisdom advice my mom gave me while growing up. When I was 16, I took on a babysitting job earning $7.00/hour. I told my mom that as soon as I made $500, I would take myself on a shopping spree. I had fantasies of buying the latest pink hip-hop style sneakers and spending my money carelessly at my favourite teenybopper store. Well, that shopping spree never happened as my mom took me and my $500 straight to the bank where my money was invested in a mutual fund. Fast forward 11 years and several investments later, and I’m happy to say that I’ve never felt the need to indulge in a shopping spree of any sorts. I’m so glad my mom has instilled those money saving habits in me at such an early age!”

Samantha