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A version of this program aired on May 24, 2013.
It Pays to SaveCramer's next life lesson stemmed from his high school and college days and the first jobs that followed. He said the lesson is to always be saving, no matter how hard things are at the time. It was selling ice cream at Veterans Stadium in Philadelphia that taught Cramer his first lessons in business, he said, including how much money there was to be made by obtaining exclusive rights to sell something cold on hot afternoons in the upper decks. But it was Cramer's father who again helped him open an account at Fidelity to invest in mutual funds. Cramer said he put money away every week. That dedication to investing carried on after college, Cramer noted, even when his first job as a reporter was only paying him $156 a month. As he graduated into more lucrative jobs, ones that paid $179 a week, he continued the savings.
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