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Word Count: 577
Throughout modern history money has always been a deciding factor insociety - it judges who has the ability to run for political office whohas the resources to get things done and who has the ability to lead asuccessful and happy life The desire for money is a main proponent ofmany peoples identity and through this desire people become a moreefficient and superior version of themselves that have the ability toget whatever material goods they desireMy own life has been influenced by this desire for wealth in order toattain what I want to be happy Since 4th grade I have developed manyideas in order to further my own personal wealth I started out with ahome VHS to DVD conversion business charging 10 per VHS I gained a fewmajor clients and by the end of the year I made over 1400 in profits At the same time however I was also learned the keys to spendingsaving and investing money properly I learned that one should alwayskeep track of their flow of money and at the same time create a monthlybudget for how much I would allow myself to spend Another importantrule I learned was to always save at least 10 of every paycheck onegets This will allow someone to have a backup in case of an emergencyAll of these strategies helped me stay on track and financially growingthroughout my pre-teen and teenage yearsOn my 14th birthday my Dad who saw how well I was growing in thefinancial field presented me with a birthday gift of 1400 to play within the stock market Unfortunately the month after I began the UnitedStates went into the greatest economic recession since the greatdepression Nov-Sept 07 I had to really research what stocks mightrise and which stocks would lower based on technical and fundamentaldata By the end of the school year my portfolio had risen over 30which was a feat considering how much lower other investors were induring that time My steady
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