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Millennials, Adulting And The Benefit of Saving Early

August 9, 2016by Susan BeachamNo Comments

This past weekend, we had the opportunity to have several millennials, friends of our daughter, at our dinner table. One of the them asked for our help “adulting” – a term coined by this generation to describe all things related to responsibility when one enters the adult world.

We knew we had a limited amount of time and attention from these millennials, so we talked about what we think is the most important data for them to know – the power of compound savings. And, as they say, a picture is worth a thousand words, so we used the graphic below to quickly demonstrate the power of compounding. Take a look at the chart below and share it with your millennial. In this slide – you will see the unbelievable power of saving early.

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About Susan

A sought-after speaker for financial institutions, state regulatory agencies, trade associations, leadership conferences and schools, she is the creator of the Money Savvy Pig piggy bank-- the centerpiece of the Money Savvy Kids Basic Personal Finance Curriculum.

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