When should I start saving?
Mar 21st, 2007 by complex001
I have recently graduated form my University and started working full time. Shortly after, I went to see an IFA, who had been recommended to me by my family. After I asked him -“when should I start saving”; his response was –“as soon as you start working”. Having established my regular monthly affordability, we have set up a monthly savings plan to enable me build funds for my future on the medium to long-term. He has also given me very good advice: to increase my savings every time my salary increases. We have also agreed that every time I get any bonuses I would invest these funds for the future.