Newsletter Sign Up

Receive educational information in your inbox every week!

Financial Tip

When you invest for the future, it's important to start early so you can keep time on your side. To achieve your goals, consider the following steps:

Start investing as early as you can.
Add to your investments as regularly as possible.
Monitor your portfolio over time to see if you need to make any changes.
Keep a long-term perspective as you invest toward your goals.

Don't be discouraged if you haven't already started investing for your long-term goals. Simply start as soon as you can - it's never too late to plan for the future.

As you watch your investment, it's probably best to ignore day-to-day market fluctuations and stick to your investment plan. Instead, focus on accumulating the assets you need farther down the road. Money earmarked for longer-term goals should not be disturbed solely because of short-term market fluctuations.

Compound Your Savings With Compounding

Can you name one of the fastest ways to make your money grow?

Compounding!

One of the best ways to save for the future is to start early and save often. Our Compound Interest Calculator provides you and your students the opportunity to see the power of compounding in action. You can find it and a whole lot more interactive tools in the Resources section.

Teachable Moments

Share how your spending, saving, and investing have changed since you began discussing financial independence with your student. Be specific as possible. For example: "I now bring a sack lunch to work instead of going out to eat. That money is now going toward..." or "I increased my monthly savings allowance to..."