I had the incredible privilege of being hosted at a youth forum to discuss the crucial topics of financial discipline and the saving culture for our young generation. Here are a few insights I shared:

#1. Start Early: I wish someone had told me this at the age of these young people I was addressing. I emphasized the importance of beginning financial planning and saving at a young age. The earlier you start, the more you can benefit from compound interest.

#2. Invest Smartly: Learn about different investment options and consider starting with low-risk investments to grow your savings over time. I encouraged them to start saving from their pocket money.

#3. Life Insurance for Young People: Who says that life insurance policies are only for older individuals? What about parents getting life insurance policies for young people that benefit them when they need it?

#4. Set Financial Goals: Whether it’s saving for education, a major purchase, or an emergency fund, having clear, achievable goals can provide direction and motivation.

#FinancialDiscipline
#YouthEmpowerment
#SavingCulture
#PersonalFinance
#FinancialLiteracy

Link to Forum Discussion