By Kodie Axelsen
In my profession, I often meet people at different stages of life as they begin to think seriously about money, investing, and building assets. Some start early, learning how money works while they are young. Others only begin that journey later in life, once responsibilities increase and time feels a little tighter.
The interesting thing is that many people who begin later often say the same thing. “I wish I had started learning about this earlier.” Not because they needed to have everything perfect or figured out straight away, but because they understand how powerful time can be when it comes to money. When you start young, you give yourself the chance to build good habits early. Learning how to save, budget, and understand the value of money creates a strong foundation for the future.
It does not have to start with big decisions either. It can start with small things. Saving towards a goal. Understanding how interest works. Learning the difference between spending money and investing money. These lessons may seem simple, but they compound over time just like money does.
Another advantage young people have is flexibility. When you are younger, you can often take opportunities that may feel harder later in life when commitments grow. You might change careers, move locations or take a chance on a new idea or business venture. These experiences build knowledge and confidence that can carry forward for decades. Of course, youth alone does not guarantee success. Discipline still matters. Hard work still matters. Learning never stops. But when you combine those qualities with time, you give yourself an incredible advantage.
As parents, mentors and business owners, I believe we also have a responsibility to pass on these lessons to the next generation. Financial education is not always taught in schools, but it will impact every person throughout their life. Teaching young people about money, how it works and how to use it wisely is one of the most valuable lessons we can give them. Because youth is not just about being young. It is about the time you have ahead of you to build something meaningful. And when that time is paired with knowledge, discipline and the right mindset, the opportunities can be endless.
Back yourself. Start learning early.
And remember that the best investment you can make is in your own knowledge.