Youth is the time when one wishes to remain carefree and enjoy life to the hilt.
But, it is also the time when sensible decisions related to life and making sound future plans can help to have a comfortable life later on. In order to build lifelong wealth, one must start investing in early twenties only.
If you don’t invest in early years, you are missing out on opportunities to increase your financial worth in the later years of life. Money multiplies over the years, and more the number of years you put in, more the returns.
Here are 8 BIG reasons why you should invest your money in your early twenties!
- You Seed Your Money At The Right Time
Investing your money in twenties can allow you to seed it for substantial number of years. Most investment vehicles, such as stocks, certificates of deposit, or bonds, offer returns on your money over the long term. This return allows your money to build, creating wealth over years, by the time you are ready to reap the returns.