#40: The Importance of Learning Financial Literacy Early
When you’re a kid, the second you get your hands on any money, you begin making terrible decisions. Any ideas about saving part of your money or giving it to charity goes straight out the door when you find yourself in a situation where you actually have money.
This is too bad because, from a mathematical point of view, that’s when you should be saving. If you start saving money in your 20s, or even better, in your teens, through the power of compound interest and time, your investments will grow so much.
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