2390: Five Steps to Begin Saving for Retirement in Your Twenties by Tiffany Aliche of The Budgetnista

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

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🗓️ 26 July 2023

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Tiffany Aliche of The Budgetnista helps twenty-somethings begin saving for retirement Episode 2390: Five Steps to Begin Saving for Retirement in Your Twenties by Tiffany Aliche of The Budgetnista Tiffany Aliche, is an award-winning teacher of financial education and is quickly becoming America’s favorite, personal finance expert. She has made it her mission to empower women and provide them with access to the tools and resources needed to create a better life for themselves and their families. Through her company, The Budgetnista, Tiffany has created a financial movement that has helped over 800,000 women worldwide collectively save more than $100 million, pay off over $75 million in debt, purchase homes, and transform the way they think about their finances. The original post is located here: https://thebudgetnista.com/retirement-start-early/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Finance Daily, Episode 2390.
0:04.5	Five steps to begin saving for retirement in your 20s, by Tiffany Aliche of theBudgeonista.com.
0:11.9	And I'm your host and personal finance enthusiast, Diana Mariam.
0:16.0	This is the show where I serenade you with the sweet sounds of personal finance knowledge
0:20.5	from some of the best blogs on the planet, with the author's permission of course.
0:25.8	So with that, let's get right to today's post as we optimize your life.
0:31.3	Five steps to begin saving for retirement in your 20s, by Tiffany Aliche of theBudgeonista.com.
0:42.8	How do I begin to plan for retirement in my 20s?
0:46.2	It's a great question.
0:47.4	In fact, it's the second most asked question when it comes to early retirement planning.
0:52.9	Here unfortunately, is the first most popular question.
0:57.2	Why should I start planning for retirement in my 20s?
1:00.7	Why?
1:01.8	Because it's your younger self's responsibility to take care of your older self.
1:06.6	If you don't, there's no guarantee anyone else will.
1:09.9	The earlier you start, the sooner you can get your money working for you.
1:14.0	Your 20s is a great time to start because this is the time in your life when you can afford
1:18.5	to put away a large chunk of your income.
1:21.4	I'm in my 30s now and I remember how inexpensive life was way back then.
1:26.6	I had a roommate, no cable and a beat up little car.
1:30.3	Life was good.
1:31.3	Okay, life was cheap.
	...

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