According to a new survey, Baby Boomers, Gen X and Gen Y all agree that the smartest financial move is … drum roll please …
Start saving early.
This is according to a new Northwestern Mutual survey covering all sorts of aspects dealing with the doling out of financial advice. When asked about the best financial decision, they ever made, the move that ranked highest (and especially high among members of Gen Y) was “started saving early” in one’s life, followed by “bought real estate at a good price” and “made sure that my family is protected.”
Here’s a snippet of the survey about the best financial decision you ever made:
Apparently, there aren’t all that many fans (1%) of the idea of putting the majority of one’s savings in the stock market.