-: Understanding your 401(k), what does the match mean?
What does the tax deferred savings
of the 401(k) really mean?
Setting a budget, living within your means,
and then how that translates into more savings.
And having a plan, and kind of, achieving those goals.
And having one year goals, five year goals,
ten year goals, for your money.
So that as you make more money, you're prepared for that.
Rather than just understanding
that you got a raise in your paycheck,
and aren't sure what to do with it.
So you move it in your savings account,
and it loses out to inflation.
You know, understanding inflation and compounding,
it's a big thing to understand as you get older,
and as you make more money because
you want to stay ahead of inflation,
and be sure to get the most out of investing.
And the earlier you start, the better off you are.
Which is why, kind of, financial literacy
is important at a young age.