Entering adulthood in the right financial position will eliminate numerous struggles experienced by the typical young person. Start saving in your twenty somethings. You are in the best position to correct the mistakes of your teenage years and put yourself on track to financial independence and perhaps early retirement. You’ll face choosing a career, completing college, student debt, starting a business, side hustling, marriage, kids, purchasing a home, and a number of other potential challenges that can significantly impact your ability to achieve financial freedom. Take the advice from parents that have been there before, start saving, and ensure that you set yourself up financially to outpace inflation and generate positive rather than negative compounding returns.
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Introducing the Financial Independence (FI) Way of Life is one of the greatest gifts parents could give to their children. A strong foundation of Financial Literacy, at a young age, can drastically improve the pursuit of happiness. The path to Financial Freedom is not taught in schools and may be discovered when it’s too late to have a meaningful impact on life. Parent your children to prosperity theFIway. Through a series of letters to the next generation, we share experiences and knowledge to help others achieve Financial Independence. Please follow us on Social Media for immediate updates.
