So Who Am I?
My name is Matt Dalton and I’m a senior studying finance at San Diego State University. I’m 21 years old and am fortunate enough to have been born & raised in sunny San Diego. I’m blessed with incredible parents who have always supported me and help mold me into the person I am. I also have a younger brother who means the world to me and quite a few great friends. What can I say, I’m a lucky guy. I’m extremely passionate about finance and money management. I take any opportunity to educate myself on how to manage my money better. That is where this website comes in. I’d like to share what I’ve learned with YOU.
Now a senior in college, I’ve spent the last 3 summers interning and learning a lot about finance outside the classroom. The first summer of college, I spent 3 days a week with a community bank based out of La Jolla, CA called Silvergate Bank. It’s a great place to work and I really enjoyed my summer there. So much so that I interned for them my junior year and now senior year part-time while going to school. I’ve worked on some SUPER cool stuff and learned a lot. I’ve also spent the last two summers working for Nestlé USA. The United States subsidiary of Nestlé SA, the worlds largest food company. Summer of 2015 I got sent to Burlington, Wisconsin (just South of Milwaukee) to their chocolate factory to create a finance training program for their operations staff. I created a complete training package for them on the basics of finance everyone should know. It was a great experience and led me to accept an offer from them for a second internship. In a later post I’ll explain everything about my internships. The second internship took me to Modesto, CA (East of the San Francisco Bay). I created a tool to track their key loss drivers for the evaporated milk products that are made there. Again, a really cool project. This has led me to accept a full-time offer from them upon graduation this year! I begin working for them in June of 2017.
These days, I’m working for Silvergate Bank and also tutoring part-time on San Diego State’s campus for finance and accounting classes. I really enjoy teaching others. In my spare time I spend a lot of time thinking, reading, and learning about cars. I’m a huge car guy. Have been all my life. I also like snowboarding in the winter, running, and exercising in general. My family and friends mean everything to me. I spend lots of time with them as well.
Now lets talk about money. Why you’re here.
My Love For Money & Saving (The Early Days)
I found a love for managing money in high school, becoming treasurer of any campus organization that would let me. But back then, I wasn’t great at managing my own finances. I spent any money I made frivolously without any thought for how it might affect me later on. My “rock bottom” moment was getting a speeding ticket the summer before starting college which cost me $500 all said and done. That pricey expense also drained my savings account. I was down to nothing. Something had to change for me and I couldn’t keep spending so much of what I made from working and save nothing. As I started college, I went to work as an account executive (read: sales rep) for my college newspaper selling advertisements. I haven’t spent all 4 years at San Diego State. I started at Cal State Long Beach and transferred to SDSU as a junior (more on that in a future post). Freshman year attending Long Beach, working for the paper was a great gig for me. I love talking to people, I like the thrill of closing a sale, and it allowed me to begin my goal of saving. Which at that time was getting $1,000 in my bank account. It was hard at first, but I got better at it. Soon enough I had my $1,000. Then $2,000. Then $5,000. And now $50,000. The point I want to make is it didn’t happen overnight. I really had to commit to saving. You can too. And I want to help you do it.
It Isn’t Always Easy!
Since a young age, I’ve seen value in saving money and spending it wisely. Albeit not without some heckling from my friends for my frugality. But I don’t mind. I’m proud of my thriftiness, dedication for seeking great deals, and efficiently managing my money. I always scour the web for information on financial news, tips, and tricks. I have a big Excel sheet I use to track all my expenses and religiously update it. I keep up to date on economic happenings and spend at least 2 hours a day reading news. But it isn’t always easy. I love having the latest tech, buying new clothes, going out to dinner, seeing movies, going to concerts, and all the normal other things a 20-something (or anyone really) like to do. But I’ve gotten to a point where I pay myself first, saving most of my paychecks, and leave a small budget each month to spend on my wants. I’m not perfect. I overspend sometimes (turning 21 also hasn’t helped this problem). But, I have learned a lot about how to budget. I have an emergency savings, a general savings, and a few retirement accounts. My ability to save will get a boost once I graduate and am working full-time. I’ve got a lot to learn still and I want to take you on the journey to financial freedom with me.
Everyone loves money; or at least the things money buys and the freedom it can give them. The problem I’ve noticed while growing up is my friends and acquaintances, regardless of age, seem to have quite a few issues saving it or learning how to spend it wisely. I’ve decided to create a one stop shop for people to learn about their everyday money questions and how to manage it for their future benefit. The full description for why I created this site can be found on the Home Page.