The Autobiography of J.P. Lynn (The Homeless Billionaire)
Ok, I’ll try and keep this as short and sweet as possible. For those that dont, sit back and grab a drink or something. lol At any rate, like many of you, mine starts in college.
I acted a damn fool in college and a Cal State was a f*cking joke to me.
The year was 1998 and from the first time I set foot on campus, I knew my plans had nothing to do with graduating. I was there to do something else. I wasnt sure what yet, but I knew it involved making lots and lots of money. This was perfect. I figured I could do this and at the same time have my loans & government grants “pay” me to live around a bunch of cute girls and…to…well…also make lots and lots of money. Plus I could handle myself… my ability to make money would always overshadow any loan amount I would ever take out. Also lets not forget that I had just graduated from a prestigious magnet program and had the ability to get into any school I chose should I have cared. The fact is, I never once pictured myself not working FOR myself at the end of the day anyways.
The scenes from my first two years in school was similar to that of Seth Davis’ experience in Boiler room. From scalping student meal tickets to selling pre-made research papers, I had successfully completed my freshman year. Then selling multiple classmates’ recently exposed pornos for $10 a pop (CSUN was and still is the capital of the porn star educational program) and starting a HUGE underground pirated media operation, I had officially completed my sophmore year. I was clearly not interested in class. I was and always have been…good…with creating money. This was the obvious part. The not so obvious part began to secretly take form behind my back as I decided it was now time to push the envelope ..just a little bit. Enough with the $4500 Acura Integra I was working with…it was time to match my income with a newly created image. And I realized I could do this rather quickly vs saving for it…all I needed to do was tap my credit for a specific type of loan.
(contact: email@example.com / follow on Twitter: @BKFUniversity)
Paris Renee (aka Let Go and Learn)
My story began in High School. When I turned 16, I told my father (whom is a job referral director) I’m 16 now and I need a job! Why did I want a job at 16? Financial independence! I didn’t want to ask my parents for money because I didn’t like being told no. So I got my first job as a parking lot attendant. With each check what did I do? What any normal 16 year old would do, Spend it. Out of High School I got a retail Job at the GAP. I was over taking the bus, so I decided it was time to save up for a car. While my friends partied I worked overtime and double shifts. I lived off top ramen and every cent I could SAVE, I put into a savings. I saved up almost $2000.00 working basically, part-time at $7.50 an hour. I wanted a car I could pay off quick; therefore I made sure I didn’t buy a car over $7k. My dad and I walked into the dealership and he co-signed for me a 1999 Geo Metro. No power steering, no power locks, just a basic car that ran well with a $219.00 car note. I had no bills, no debt, just a car note, insurance and a cell phone bill, and the rest of my money.
The REAL beginning of my financial f*ckery
The year is 2003; I was tired of working my butt off for so little pay. I got a full-time job at Wells Fargo Bank, and worked part-time at the gap in the evenings. I can’t even tell you why this happened, but the more money I made, the less I was willing to save, and the more things I wanted to buy! My mother always told me credit cards are nothing but financial entrapment, and college is a financial rip off if you’re not going for a trade or