Practical, Actionable Saving and Investing Tips
This video provides simple, actionable saving & investing tips in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about saving & investing, or used as a money & personal finance resource by parents and teachers as part of a Financial Literacy course or K-12 curriculum.
Suitable for students from grade levels:
- Elementary School
- Middle School
- High School
The topics covered are:
- Tip #1: Pay yourself first
- Tip #2: Set clear financial goals
- Tip #3: Start Investing now
- Tip #4: Plan for retirement
These smart saving and investing tips will help you maximize your savings and grow your money exponentially.
Tip #1: Pay yourself first
Tip #2: Set clear financial goals
When you have a specific goal you are saving toward, whether it is an upcoming vacation, buying a home, or sending your kid to college, you will be motivated to stay on track and spend wisely.
Tip #3: Start Investing now
The sooner you start investing, the more time your money has to grow, allowing you to take advantage of the magical power of compounding.
Tip #4: Plan for retirement
It’s never too early to start planning for retirement.
In fact, setting aside money towards retirement starting from the first paycheck will help ensure you are fully covered in your golden years!
Tax advantaged accounts such as 401k and Roth IRA are a great way to start.
So these are the top Saving & investing tips!
Saving and investing are two key aspects of personal finance – but there is a lot more to it.
Check out the following for more actionable tips on budgeting, borrowing and credit cards, insurance, etc.