Forbes – R.J. Shook
Saving money was a lesson J.P. Morgan’s David Li learned from his parents while growing up in Cambridge, Mass.
“I came from very humble beginnings,” said Li who immigrated with his parents from China at age 5.
“My father made his earnings from tips as a hotel server and at the end of each night, he would give me his spare change to put in my piggy bank,” Li said. “My father helped me learn the concept of delayed gratification, spending and saving.”
Thrift is a value Li espouses as both a financial advisor with J.P. Morgan Wealth Management and as a father of two young girls, age 5 and 7. He encourages his daughters to save their money and spend it wisely.