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Mid 30s is not bad -- I did that in my mid 40s :-\

It's eye opening, it feels like I got lied to growing up. Both of my kids have money market accounts now.

Great quote btw, I'm reminded of it regularly.

Also had the same experience and distinctly remember schools teaching about saving using only bank accounts as the examples.

I think there would be great value in a federal program to allow minors to have restricted access to a brokerage account so that schools can educate them and set them up on the spot. Just that little bit of friction up front is blocking so much potential. Right now it requires a custodial account managed by a parent/guardian and that's just not going to happen for a lot of kids.

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