Applicant #39: Ben Davies

Ben Davies is a 23-year-old from Windsor.

Ben's video application:

Ben online:

+ Twitter
+ Facebook

Ben current situation:

Hello Blogosphere,

Here is a bout more about me, as you saw from my video; I’m married with two awesome kids!! My wife and I own a duplex in the beautiful city of Windsor, GO SPITFIRES!!!

I’m currently working in the financial world. It’s been great to be able to help people get a handle on their money! I present seminars, work with people one on one, and I also co-host a daily radio spot on a local Chatham Radio station!

My life away from work is spent with my wife and kids, it’s such a great gift to be a Dad, allot of work but its cool!!

I also love music, I play the guitar, how well….. not sure, and I also enjoy singing from time to time. I’ve be know to sing at the occasional wedding…… emphasis on occasional!

I love fishing, most for the peace and quiet and a good reason to get out on the water…. I love to be on the water. There’s nothing that describes young and free better than a cruise down the lake and or river depending on where you live.

I look forward to getting to know all of you over the next few weeks!!

I have started a new twitter page and Facebook account devoted to Young and Free Ontario. You can also catch up with me and the fam on our Facebook page!

Ben blog post:

Start Saving Young

With all of the financial pressures we as young people face, saving money usually doesn’t make it to the top of the list. It’s not necessarily that we that we don’t care, but between food, car payments, tuition, and the money we spend going to movies and hanging out with friends, it seem there’s just no money left to save, or is there??????

Well, like most things in life, sometimes we need some good old fashioned motivation, so here it is.

Let’s take a look at the impact of a few small changes to how we spend our money today, and what that could look like in the future!

Take someone who is 20 years old, if that person could scrape up $15 dollars a week to save, but continue to save that $15/week until age 65 how much do you think he/she would able to save???

Here is the answer, $60,000, and no, that’s not a typo!! Now for the mathematician reading this, your probably saying “Ben your an idiot, $15 dollars a week does not equal $60,000”, and your right (not about the idiot part), but this is where you local credit union comes in. 

If you were to go into your local credit union and get some good investment advice, you would discover that over time, your money can make money. My illustration assumes that we could make 4% per year on the investment, but that could vary. 

So, the actual amount of your hard earned dollars that you saved to get $60,000 would be 27,300 , pretty good huh???

So if you’re still asking “why save while I’m young”, check this out.

Say someone only started to save at age 35, how much of their own money would they have to save to get the same result???  The answer is $40,000, that’s a pretty big difference.

So the next time you’re standing in line at Timmy’s, or catching your third flick of the week, just think, could I sacrifice a little today for a lot more tomorrow?

I’m Ben Davies and this makes cents to me!

Ben