Single? Then Plan Your Savings for a Better Financial Life


Bangalore: George Bernard Shaw once said, "Youth is wasted on the young," but this will not be the case if you take wise financial decisions from the very initial days. In issues of financial planning, being young has big inference as well as huge advantages. Here are seven simple ways listed by Rediff.com which will help young ones who have just begun their career, to take up correct fiscal decisions.

1. Want to Retire Rich, Start saving Now

Saving for your retirement at your early twenties! This may sound little bit insane, but when calculated made total sense. Many financial planners stated that those who start saving for their retirement at an early age end up having a soothing retirement amount as early saving provides them lot of time to save. Earlier you start saving; wealthier will be your retirement corpus.

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