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A Visual Explanation of Why You Should Save in Your 20s

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When you’re a young professional, everyone’s always telling you to save.

But it’s not easy to save on an entry-level salary, when you’re trying to make it on your own for the first time, especially if you’ve gotta pay back student loans.

Besides, does it REALLY matter if you save this year? It’ll be fine if you start saving next year instead, right?

This infographic from Lifetuner does the “save now” mantra justice, showing exactly why you should make the extra effort to save THIS year. Check out how much more the 20-something worker (Mary) has saved by the time she turns 65. The benefits of compound growth are massive.

So here’s our question for you: Is it possible to save 10 percent of what you make when you’re a young professional? Are you managing it? Got any tips for your peers? Let us know in the comments!

Save at least 10%

Brazen powers real-time, online events for leading organizations around the world. Our lifestyle and career blog, Brazen Life, offers fun and edgy ideas for ambitious professionals navigating the changing world of work.

  • http://www.facebook.com/profile.php?id=1507017 Danny Rubin

    Love this! The key is to be consistent month-to-month. Setting up automatic withdrawals make it really easy.

  • http://www.facebook.com/profile.php?id=100001419006020 Remen Raj
  • http://www.facebook.com/profile.php?id=1780390315 Shantanu Chauhan

    Good explanations via infographics, you can get more infographics which is based on scientist studies.

    http://www.cybertechnologynews.in/

  • http://www.facebook.com/profile.php?id=100003677848988 Huy Nguyen
  • http://www.facebook.com/profile.php?id=501699451 Fabio L. Barbieri

    What happens when the economy hits a low again and your money is halved like it did this time?

  • http://www.facebook.com/profile.php?id=100000157010021 Nguyên Trưởng Đào