Author & Owner/Operator
President of Rich by Inc. & Founder of MeVest.ca
How did you end up in the Alberta BCom program and what did you specialize in?
I enrolled in the BCom program because of its outstanding reputation. I’d heard many great things about it such as the high caliber professors, the Co-op program and a rich campus experience – clubs, events, etc. Geography was also a driver of my decision. My family lives in Calgary and Edmonton is only a short bus or car ride away. I specialized in Marketing and Finance.
You decided early in life that personal financial freedom was important to you, and that you wanted to share this with others. What did you take away from the Alberta BCom that helped reinforce or support this?
Much of what I learned throughout the BCom program helped form my business plans surrounding both of my personal finance books; Rich by Thirty and Rich by Forty, along with my professional speaking business. I was able to apply skills I’d learned in marketing and communications classes to identify a clear market niche and market and promote my books. My finance and accounting classes helped me develop the content within my books. Case studies, group work and individual projects helped me get closer to my specialty – personal finance. Day-to-day interactions with other students allowed me to better understand the personal financial issues 20 and 30-somethings are going through and brainstorm unique ways to address them.
Do you have any advice for young people who are either thinking of starting a BCom degree or are working towards one?
The BCom program is amazing. But, it’s up to each individual student to make the most of their university experience. Get plugged into classes, enroll in clubs and extracurricular activities. Find opportunities to apply learning through an international exchange, work experience or volunteering. Find a mentor. Lastly, pair the university experience with some fun. Make friends, network and have fun.
If you could offer young people one piece of financial advice to get them started on the road to financial freedom, what would it be?
Start early. The earlier a young person starts to save and invest for their future, the more success they’ll have building financial freedom. Wealth is built steadily over time on the following principles; first, spend wisely (live within your means and avoid debt); second, save and invest (tuck away 10 to 15% into helpful savings plans like RRSPs and the TFSA); third, give back to your community (there’s an ROI for giving).