3.

You should start savings for the future and work to improve your financial wellbeing when you are ____.

ready to retire

unemployed

buying your first home

young

starting a family

starting a new job

graduating from college

experiencing a windfall or increase in income

planning for big life events such as a wedding or vacation

setting long-term financial goals

So, young?

Yes, starting savings and working to improve your financial wellbeing is important when you are young. It allows you to establish good financial habits early on, build a solid foundation for your future, and take advantage of compounding interest over time.

You should start saving for the future and work to improve your financial well-being when you are young.