Long term savings (specifically for retirement) is about contributing consistently and starting EARLY! Early like...today. If you don't already have a retirement account set up, do it today. This video will explain why it's so important. If you're under 18, talk to your parents about a custodial Roth IRA. If you're 18 or older, start your own Roth IRA today! - LINKS - (When available, we use affiliate links and may earn a commission) COLLEGE SCHOLARSHIP RESOURCES: Debt Free Degree by Anthony ONeal: https://amzn.to/36IusYm Ultimate Scholarship Book 2021: https://amzn.to/2USt8PU FREE Scholarship Prep Bundle: https://thomasknappfe.ck.page/scholarshipprepbundle MONEY RESOURCES: Total Money Makeover by Dave Ramsey: https://amzn.to/3rmT9mD Financial Peace University by Dave Ramsey: https://amzn.to/36OVNrI Chris Hogan R:IQ tool: https://www.chrishogan360.com/riq Everyday Millionaires by Chris Hogan: https://amzn.to/3kADZce The Simple Path to Wealth by J L Collins: https://amzn.to/3eAG2sS FREE Money Management Template: https://thomasknappfe.ck.page/mmtemplate PERSONAL DEVELOPMENT RESOURCES: UNSTOPPABLE by Tracy Timm: https://amzn.to/3ipc8sx BUSINESS RESOURCES: VidIQ YouTube Optimization: https://vidiq.com/thomasknappfe ConvertKit Email Marketing Solution: https://convertkit.com/?lmref=9avl9w - TIMESTAMPS - 00:00 How $60 a month can make you a Millionaire! 00:35 Retirement Contributions need to be Consistent and Start Early 01:50 How to become a millionaire on a part-time salary 03:40 How to turn $36,000 into over a million dollars! 04:03 Why you shouldn't wait to contribute to your retirement until you have a higher salary 06:45 Ask your parents about a Custodial ROTH IRA account Pay For College Playlist: https://www.youtube.com/playlist?list=PLLWv6I56u3eBEWMkNUStpIv9MK9PaQRXA - $60 a month can make you a MILLIONAIRE! || Retirement Planning for High School Students - The key is to start early! If you start in your teenage years with a part-time job, you can retire a millionaire without even increasing your contributions! $60 a month is all it will take. If you want to retire even earlier, then increase your contributions with your income. Get a raise, increase your contribution, retire in no time! Or...get a raise, spend all the new money instead of putting more away, and retire in your 60's like everyone else. You have a chance to be different. Don't be like everyone else. Take advantage of the one thing you can't get back when it comes to investing...TIME. Start saving for retirement today and you can enjoy more of your life later. Put it off and you may end up chasing what could have been. Thanks for watching! Stay Empowered! #Retirement #Investing #moneymanagement