A great little podcast that I had to pass along. Vanguard gives tips on 401ks and other investments for young people.
- Investing is for your long term goals
- Regular savings don't provide high returns
- Spend less than you earn
- Credit card debt must be resolved before investing
- Even small investments can go a long way if you start early and do it regularly
- First investment priority is saving for retirement
- Target-retirement funds can provide an easy way to begin investing
- Teach yourself about investing through online articles, parents, etc.