Thinking about what you want to be when you grow up means also thinking about what kind of income your dream job will have. Your career should be an equal combination of three things: income, skills, and passion.
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You make many choices every day. You choose how to spend your time. You choose how to spend your energy. You also choose how to spend your money.
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Saving money is an important skill to develop. It can remind you of what's important, makes it easier to choose saving instead of spending, and gives you something to look forward to.
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Borrowing money comes at a cost. This extra cost is called interest. If borrowing money costs more, why do people still do it?
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Giving away a small portion of your savings can make a big difference to a cause that you care about. For most people, spending comes naturally, saving up for something special is harder, and setting money aside for giving is really hard.
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Many financial experts suggest that your money should be growing somewhere between 5% and 10% per year. You won't get that from a savings account these days.
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