"How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case." - Robert G. Allen

Your twenties will probably land you a career, some debt, some savings and maybe a spouse. I highly doubt most ‘20 something’ year olds ever get to a point of investing. Many  think of investing, but they rarely get around to doing it.

It’s in your twenties that you’ll land your first job, and with it comes prospects of moving out on your own. Once you move out, countless responsibilities and expenses will befall you: from rent to utility bills, desire to buy those things that will make life more comfortable and if you are financially wise you will set aside some money each month for savings. There’s nothing wrong with this as long as you are living within your means and avoiding serious debts.

A close friend of mine works with the civil society and of late, the organization he works for has been experiencing some financial difficulties, meaning he has to go without pay for a couple of months. Lucky for him, he has some investments which he is currently depending on.

Investing is the last thing in mind for most twenty year olds. While many believe that they are too young to invest, others have fear of the unknown that stands between them and investing. This is what I believe: As long as you are out of debt and are able to set aside some money each month, then sure, you are ready to invest.

Investing at an early age comes with numerous benefits. To begin with, being young comes with the advantage of having time on your side. If you begin to invest at an early age you will benefit more than those who invest later in life. Having time on your side means you have longer time period to save for investment and a longer period to find that investment opportunity that can increase in value.

You also get to enjoy compounding returns.  Compounding returns are extremely powerful over long period of time and the earlier you start, the greater your chances of taking advantage of this. Compounding returns is the power of the time value of money. Putting your money out to work for you over a longer duration of time means more returns for you. Take for instance you invest in a retirement account, the longer you invest in the account, the more your returns.

Investing early will definitely help improve your spending habits. Those who start investing early are much less likely to have issues with overstepping their boundaries in spending over the long run. Investing definitely comes with certain lessons such as identifying ideal investment opportunities, how to maximize on your returns and how to play about in the market. The earlier you learn these lessons the better.

Investing early places you ahead of your peers in the finance game. It enables you to grow your investments over a longer duration of time. In the long run you will be able to afford things that your peers can’t afford.

Investing early definitely secures your financial future. In case you lose your job or financial problems come your way, your investments will always be there to sort you out.

Be smart, invest early.