Optimal Finance Daily - Financial Independence and Money Advice

2893: Why Saving Money In Your 20s Is A Good Idea by Michelle Schroeder-Gardner on Building Wealth

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Episode 2893:
Saving money in your 20s sets the foundation for long-term financial security, allowing you to take advantage of compound interest and develop responsible financial habits. Michelle Schroeder-Gardner argues that starting early doesn't mean sacrificing a vibrant life; instead, it equips you to navigate future challenges and opportunities with greater ease and confidence.
Read along with the original article(s) here: https://www.makingsenseofcents.com/2015/10/why-saving-money-in-your-20s-is-a-good-idea.html
Quotes to ponder:
"Saving money in your 20s means you’re doing something RIGHT."
"Compound interest is one BIG reason for why you should start saving money as early as you can."
"There is no reason to spend all of your money just because you want to."
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