MHh
10-18
It depends on the age and financial status of the young person. Everyone should first learn to save first because that is the easiest to learn and can be considered risk-free. Before anyone invests, we all need to have our emergency fund set aside first and that comes from saving! Once that is done, then we need to also safeguard with the necessary insurance bought. Finally, then I believe investing comes in. Saving and protection of wealth steps need to be reviewed periodically as our expenses and life stages change and we do need to provide for different ones in our lives. So, saving is something that can be ongoing as we go along with our investment. The most important thing would be timely review and using the right strategies to achieve our goals.
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