This is another series of excerpts that The Epoch Times is publishing, from “The Young Adult’s Guide to Investing.” Hopefully this book will show readers of all ages that they should invest in certain funds that mimic the market (but only those funds that have little or no fees/expenses), as well as not to continuously trade in and out of a stock or fund to chase great returns.
Why Save?
The experts say that good saving habits can begin in children as early as three years old, so if you are old enough to read this, you are old enough to have some of these habits. Financial skills are one of the most important skills you will need to navigate your life, and those skills start with learning to save and budget.
Unfortunately, at least here in the United States, saving is not a part of most people’s behavior. Maybe it’s because they did not develop savings habits when they were young—so let’s change that.
