One advantage that young adults have is time, and investing early gives you more time to grow your investments and ride out any market volatility.

Starting early also gives you the advantage of compounding – the ability to grow your investment by reinvesting the earnings.

In a study conducted by Investopedia, it was found that people who start their investment journey early are able to gain more confidence in managing their finances, hence transforming them into better investors.

With time on your side, you can afford to invest less conservatively and take more calculated risks with the goal of earning higher returns.

A general rule when creating a budget is to always set aside some money for savings and for  investment. Keep in mind the discipline of making responsible choices so you can balance providing for yourself today and for yourself in the future.

As you start your career, it’s very important to set aside some money for rainy days to ensure you avoid or minimize debt and financial stress.

Open a BPI bank account for your savings and a BPI Trade account to start investing in stocks.