Start Saving in your Twenties

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.