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Open
a savings account
By
Bankrate.com
Learn to save early, but you don't
have to save it all. A good savings habit to kick off now
is to put aside 10 percent of your income. Just commit to
save a specific amount. And, get started!
Links:
Making
the most of your income, Are
you a teenage money dummy?, Some
options for making your savings grow, Find
the best CD rate, Savings
calculator: Watch your savings grow with regular deposits
It's never too early to
invest
Sure, you could just let your cash sit in a savings account
earning peanuts or, you could make it grow by opening an Individual
Retirement Account. IRAs are excellent savings vehicles where
you can make deposits weekly, monthly or even one lump sum
up to $3,000 per year.
Links:
How
to become a millionaire with a Roth IRA, The
impact of saving early, Reach
your savings goal with regular payments, Computer
games that improve financial skills
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