What Financial Advice Would You Give Your Younger Self?
There are 4 lessons that we could have all benefited from hearing.
We hit the streets of downtown Harrisonburg, Virginia to see what advice Baby Boomers wish they could have heard when they were younger and what they would do differently with their money. We learned four different principles:
1. Start Saving Early
Out of all of the advice received, this piece of advice was given by every single person. There is no such thing as ‘starting too soon’ when saving for your future. Whether it’s $15 from every paycheck or a certain percentage, every dollar counts. The easiest way to set aside money is to have money automatically deducted from your paycheck each pay period. By doing this, you will feel less inclined to spend the money you planned on putting away to reach your retirement financial goals (click to read more and watch a short video)
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