Amy and Jag have talked in previous episodes about the importance of saving money. But a recent conversation that Amy had with her 14-year-old daughter prompted us to re-examine this idea.
Previously. Amy's daughter hasn't been concerned with money. She's always enjoyed artistic pursuits, but a recent interest in quilting had her needing supplies. So Amy started breaking down what investing could look like, if her daughter got a part time job and saved money in addition to spending money. Wait until you hear these numbers!
Now, it's not always the right time to save and invest. This of course depends on your individual situation and time horizon.
For questions about anything related to your financial future, reach Amy Walls and her team at Thimbleberry Financial at (503) 610-6510, or on the web at https://thimbleberryfinancial.com/