Life is unpredictable, we never know what is ahead of us. Saving at a young age can set up a stable financial future. Beginning to save money years before can give you a huge advantage rather then someone who waits to save. Also learning how to save at a young age teaches you about money and the value of it.
Statistics show that people who start saving in their younger 20’s are 66% more likely to reach retirement by age 60 rather then someone who starts saving at the age of 30. Investing money can have result in of your having a larger annual return. The younger you begin to save the larger amount of money you earn. Just think about the hundreds of thousands of dollars advantage!
Have you thought about what you want your life to be like or what things you need to accomplish in order to succeed? What types of goals do you have? Goals are a very important part of success. Reaching goals gives you challenges and teaches you many skills.