How to Build a Solid Financial Future in Your 20s and 30s
Is 20 or 30 too early to start planning for retirement?
In my opinion, it’s never too early to start building a solid foundation when it comes to savings and investments and securing your future retirement. The most important thing you can do in your 20s or 30s is to start now. It takes time for your money to compound and when you’re that young, time is on your side. The #1 mistake retirees tell me they made was not starting early enough.
In this show, I cover 5 principles for young people to follow in order to secure their financial future, and they are related to:
1. savings and investments
2. debt management
3. career advancement
4. insurance and risk management
5. starting as early as possible
For more in-depth information, read “Total Money Makeover” by Dave Ramsey.
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