Invest your money rather than save

First manage the money you do have, then use your money to generate more money. You don't need to think about investing until you're out of debt and have multiple ways of generating income.

• Use the 90/10 rule, where only 10% is used on speculation.

• Start Saving ASAP. Money you put in your retirement fund now will have more time to grow through compound growth.
• Avoid cashing out your retirement account early as it prevents your money from being invested and leads to penalties and tax bills.
• Contribute mo...

Inflation is inevitable, so saving your money for investment and business can enhance your buying ability in the future.