PART
5

Your Savings

Saving money is important for many reasons. When you have money saved, you have options. You can get things you want, help others, take vacations, and pay for education. Having savings also gives you a sense of security.

In Part 5, we discuss why saving money when you’re young is important and how to grow your little savings now into big future savings. The more time your money has to grow, the better your chances you’ll achieve a great financial future.

We also look at how you can cut costs to save more in these chapters as well as the best types of accounts for savings. We also explore investments and review some different options you have for investing your money.