Practice makes perfect and the earlier you start the better you will be.
Benjamin Wallace is 15 and a professional racing driver. Benjamin got in touch with us to tell us his Osper story. Similar to our very own founder and CEO, Alick Varma, Benjamin was made to think about money at a young age…
My dad always made sure I understood “money”. I remember when I was little he would send me to pay the bill at restaurants and bring back the right change. At the age of 6 I started karting, which isn’t the cheapest of hobbies for a 6 year old to have. At this point my dad gave me a little black book to record all my expenses, it was really important for me to track exactly how much was being spent.
Now at the age of 15 and with a dream to become a professional racing driver, money has become a much larger topic of discussion. My dad found out about Osper and decided it was time for me to progress from my little black book. For my dad dealing with and understanding money is something that needs to be learned, just like racing. I think that’s what he liked so much about Osper, it gives young people the chance to actually manage their money and learn good habits along the way. The other plus is it stops me from handling cash all the time.
For me Osper really has been the best tool. No more writing down all my expenses, all my purchases are tracked in the app. There is no chance of me forgetting where my money has gone, I even know when i’ve taken cash out! I can see right away how much I have left to spend. With other cards, I don’t have the ability to check my balance when I want, and my dad can’t always get me money right away. I love the fact I’m in control, just like when I’m in control of my card, knowing the limits and sticking to them.
You have to be sensible when you think about a career in motorsport. More than anything I want to be a driver at the highest level I can, but the cost of racing is expensive. My dad has sacrificed a lot to help fund my racing up to now, but a lot more work is needed to get external funding.
Although I mainly concentrated on my school work in 2014, at Stanley High School in Southport, I agreed a deal with Richard Ollerenshaw at Hillspeed to take part in three race weekends in Ginetta, at Snetterton, Silverstone. It was amazing being part of the championship for the first time, racing in front of 30,000 fans at the track with live TV coverage was incredible! I took a best result of 12th out of 24.
Last year prepared me well for my first full season, although there is still so much more to learn, and my first aim is to regularly be in the top 10. Ginetta Junior is one of the toughest championships in the UK, and this season will be as competitive as ever, but I’m feeling confident.
Ben we wish you all the luck in the world. It just goes to show if you want to learn and master something, whether it’s driving or managing money you just have to get in the driving seat and do it! Practise makes perfect and the earlier you start the better you will be.