Boosting Your Financial IQ

49: How to Start Building Wealth While Young


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Investing in your future while you're young is important for several reasons. First, by starting early, you cab take advantage of the power of compounding, which means that your money has more time to grow and earn returns. This can result in a significantly larger portfolio when you reach retirement age. Second, investing at a young age allows you to take greater risks with your money, as you have more time to recover from any potential losses. Regardless of your current financial position, by starting early you can develop good financial habits and discipline that will serve you well throughout your life. Join me for this special episode where I talk with my friends--Trevor, Karina, and Coleman and answer pressing questions on the minds of college students. You'll learn how investing in your future while you're young can help provide a sense of financial security and freedom later on in life.

Here's how to get started with Boosting Your Financial IQ:

  • Step 1:  Test your financial IQ for FREE
  • Step 2:  Download the FREE app
  • Step 3:  Take the Fundamentals of Finance course


Disclaimer:
BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.

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Boosting Your Financial IQBy Steve Coughran

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