I left home to come to college when I was 17 years old. One of the first things I had to do was setup my very first checking account at the bank. Up to that point I had never had my own checking account. I had always had jobs and worked throughout High School but my Father handled my bank account for me. The problem was that I didn\u2019t know anything about having a checking account, and sadly, without knowing how it worked, I just made the assumption that if I still had checks in my checkbook that it was just fine to use them!\u00a0 I had no idea that you actually had to have money in the account to cover the checks you were writing\u2026I suppose I never even thought about it\u2026And in a very short amount of time I managed to bounce an incredible volume of checks which resulted in the bank contacting my Father because I was only 17 years old and still a minor. My Father had to get on an airplane and fly out to Utah and go with me to meet with the bank President to apologize and promise to fix it.<\/p>\n
After our meeting at the bank my Dad took me back to my apartment and asked me to go and get my bank statements..\u201cBank statements???\u00a0OOOHHHH, THAT\u2019s those letters I keep getting from the bank every month???\u201d\u00a0 I went in my room and came back with a drawer filled with sealed envelopes from my bank.\u00a0 I had wondered why the bank kept sending those letters to me every month \ud83d\ude42 . Up to that point I had no idea what the envelopes full of canceled checks were supposed to be used for.<\/p>\n
If you are wondering if that story is true, the answer is YES – it is a 100% true story. And as humiliating as it is to share publicly, I share it because I want everyone to see that no matter where they are starting from THERE IS CLEARLY HOPE! Let\u2019s face it, if I could go from being that 17 year old girl without a clue how to even handle a simple checking account, to becoming a successful entrepreneur who was able to start, grow and exit a company for over $377 million dollars than clearly anything is possible!<\/p>\n
Never underestimate what you are capable of accomplishing!<\/p>\n
(PS. remember to teach your children how to use a bank account BEFORE they grow up and leave home \ud83d\ude42 …)<\/p>\n
~Amy Rees Anderson<\/p>\n","protected":false},"excerpt":{"rendered":"
I left home to come to college when I was 17 years old. One of the first things I had to do was setup my very first checking account at the bank. Up to that point I had never had my own checking account. I had always had jobs and worked throughout High School but […]<\/p>\n","protected":false},"author":2,"featured_media":6640,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[15186,395,174,6840,501,4536,15187,7832,15190,15189,7831,7834,15191,599,4625,15196,224,163,41,3282,996,1477,1146,231,3275,6587,598,38,233,728,14795,15185,15193,2621,112,3391,15192,149,15195,15194,15188,8845],"class_list":["post-8509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-accomplishing-accomplishment","tag-amy-rees-anderson","tag-anxiety","tag-anything-is-possible","tag-appreciate","tag-assumption","tag-balancing-a-checkbook","tag-bank","tag-bank-president","tag-bank-statements","tag-banking","tag-bounced-checks","tag-canceled-check","tag-career","tag-checkbook","tag-clueless","tag-confidence","tag-courage","tag-entrepreneur","tag-failures","tag-father","tag-grow","tag-high-school","tag-hope","tag-humiliating","tag-jerry","tag-job","tag-leadership","tag-learn","tag-mistakes","tag-never-make-the-same-mistake-twice","tag-never-underestimate-yourself","tag-no-matter-where-you-are-starting-from","tag-possible","tag-self-improvement","tag-self-reliant","tag-share-mistakes","tag-success","tag-successful-entrepreneur","tag-there-is-hope","tag-writing-bad-checks","tag-you-are-capable"],"_links":{"self":[{"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/posts\/8509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/comments?post=8509"}],"version-history":[{"count":1,"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/posts\/8509\/revisions"}],"predecessor-version":[{"id":8510,"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/posts\/8509\/revisions\/8510"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/media\/6640"}],"wp:attachment":[{"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/media?parent=8509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/categories?post=8509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amyreesanderson.com\/blog\/wp-json\/wp\/v2\/tags?post=8509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}