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Building Net worth
Because you start building net worth, this would be an investment in your thirdies. -
Establishing a Svaings Fund
Money doesnt just appear in your pocket when you wan to do something fun, that happens to be expensive. Establish a savings fund when youre young so the money can grow once you become older. Commit to saving an amount each moth for future benifits. Establishing a savings fund is an inveestment. -
Young Adult 15-25
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Buying a Vehicle
When you start thinking about buying a car, planning on puting money in your savings acount so you can afford the vehicle. Most teens will get a job at age 16 or 17. Put at least 10% of your pay check to your car in your savings. -
Working Adult without children 26-46
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Starting a carrer
This would be an investment with time and a plan. It takes a lot of money. Start saving up! this would come out of savings. Put in 10% at least for your plan once you get a job. -
Going on Vacation
From your savings account. This requires a good amount of money saved up! Might as well start saving when the idea of vacation crosses your mind. -
Starting a family
This would be an investment. This would take alot of money and time. It would be best at your young adult age. -
Buying a home
buying a home wold be an investment through your young adult years where affording one is more accurate. -
Getting married
Ths would be from your savings fund..because you would have to save up for an amount of time. The young age would be the best time for this. Young adult years. -
Recieving a Higher Education
This would be an invest ment because of the amount of time and money it would take. I recommend this in the young adult age. -
Pre-Retirement 46-65
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Retirement ages 65+
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Retiring
This would be in an investment. Once you have a comfortable job that makes more than minimum wage you should start thinking about investing in retirement.
