A recap of your best next steps.
We hope you’re excited about rewarding yourself by saving, investing, and building wealth. Remember: the steps are simple, but it’s up to you to make it happen. Here’s a recap of how to get started:
First, every time you get paid, make it a habit to set some money aside in savings. If you do, you’ll be less likely to spend it and your money will grow with interest. Plus you’ll be ready for emergencies and to make major purchases.
Second, try to earn the most interest you can on the money you save. Remember that the amount of interest you earn will depend on which account you choose and the amount you keep in the account over time.
When you’re financially ready, get started with investing. Consider using the guidelines we’ve given you to help manage your risk.
Remember that building wealth is all about investing in things that will hopefully go up in value over time. Whether it’s real estate or stocks, try to “buy low and sell high.” That’s how you make a profit.
Finally, consider creating your own financial plan. Looking at the big picture of your financial situation can help you get clear about your goals and how you’re going to reach them … including retiring some day.
Thanks a lot for joining us. Now, let’s see what you’ve learned.
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