We have heard the old adage, “A penny saved is a penny earned”. Skeptical that a penny can get you anywhere these days? It might not make you a millionaire, however, over time it can add up quickly!
The Power of Time
I know what you’re thinking: I’m in school, I have no income, I’m just getting by and you want me to think about investing for my future? Guess what—now’s the perfect time to start on the road to savings. When you plan your budget, include a minimum weekly savings goal; pay yourself first before you decide to buy concert tickets or purchase that cool shirt. You’ll be surprised to learn how much money you can save in your first four years of college by setting aside just $20 a week.