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10 Money Tips You Wish You Could Give to Your Younger Self

MoneyWise Logo By Doug Whiteman of MoneyWise | Slide 1 of 10: 1. Start saving for retirement ASAP

1. Start saving for retirement ASAP

Younger Self, you'll want to open a retirement account and put away as much money as you can. If your boss offers you the chance to save in a 401(k) retirement plan through work, grab it!

You won't even feel it as you put away a portion of your income before taxes are taken out, and your company may match your contributions up to a certain limit.

Your savings will grow through investments, which you choose. You'll be able start taking the money out after you turn age 59 1/2 — which, yeah, is a long way away for young you! But there will be penalties if you make withdrawals too early.

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