- Not everyone is taught about managing money in school, but it's one of the most important things to master as an adult.
- One of the pillars of personal finance is saving money.
- Here, we answer six common questions about saving money, like when you should start saving money and how much.
When it comes to saving money, there is no better time to start than right now. Depending on your income and job security and your long-term financial goals, how much you save and where you put your savings will vary.
The thought of the future and retirement can be daunting when you're just starting out in the professional world. It is important to realize that your future income isn't secure, and saving as much as you can as early as you can is the best way to protect yourself from unforeseeable circumstances - as well as foreseeable ones, like retirement.
We asked Peter Faust, a financial planner with Tanglewood Total Wealth Management, to help answer some of the most common questions about saving money.