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Meet Mr. Earl. Mr. Earl is not just a parking lot attendant, he’s also an investment and saving guru. Earl has had this job for decades, and is known for “preaching the gospel of investing.” He has never earned more than $12 dollars an hour or $20,000 per year. His net worth is over half a million dollars from his investing.
He says “stop working so hard and let the money work for you.” This advice is valuable for those who are taught to believe that earning money requires that you engage in back-breaking work for the rest of your life. Instead, income is earned through a healthy dose of financial literacy, discipline and consistent saving and investing.
Earl says that he got his start on investing at an early age. His mother planted the seeds of investment in him that told him that money isn’t something to be spent, but is instead something that should be used to prepare for your future. After finding out that he had dyslexia, he had to take low wage jobs. But this led him to make the sacrifices necessary to save enough money to provide his family with the financial security they needed.
Check out the video below. It will inspire you.