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Financial Planning - Start Young, Start Early
Having spoken to quite a few friends and relatives on financial planning made me realize something which I had never cross my mind before until now. When speaking to many especially those in their 20s about financial planning in the area of self protection or retirement planning the answer I got was "Nope I am too young to start on all these". But like most financial decisions, it isn’t right or wrong to whether should you start when you are in your 20s or 30s or even 40s. Of cos if you are still in your 20s, living alone without any dependents doing this sort of financial planning might seem to be a waste of money. After all why do you need to do any planning since there is no one dependent on you and you are free to spend your hard earn money as you like. This is correct but I will like to share a very interesting yet often forgotten fact about financial planning that will put people who wait till they are older before doing such planning. It may be difficult for those in their 20s, 30s and even
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