May Patel
09/21/2024 · Elementary School
hagine you are 66 and have withdrawn your savings. You have decided to to your young nephew or niece for graduation. Write a letter to accomp eck that explains why he or she should start saving early.
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Dear [Nephew/Niece's Name],
Congratulations! I've given you a check for graduation. Starting early with saving is important because compound interest can make your money grow significantly over time. Set up a savings account and consider retirement accounts like 401(k) or IRA. Saving helps create opportunities and reduces financial stress. Start now, and you'll be glad you did. I'm here to support you. Wishing you the best!
With love,
[Your Name]
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