The Notes

If you are employed, try to participate and save money in the 401(k) and HSA programs.

If you are self-employed (like a nail technician, contractor, etc.), set aside some extra money and participate in the Roth IRA and HSA programs.

If you are a business owner, consider joining the Roth IRA, SEP-IRA, Solo-IRA, and HSA programs.

Open these retirement and investment accounts as soon as possible. Starting early and doing it right will ease your future. Contribute to these programs monthly, even if it’s just $50, though $500 is better. Don’t worry about short-term decreases in investment value; in the long run, these accounts always grow and yield profits through compound interest. In 10, 20, or 30 years, you’ll be pleased with the amount you’ve accumulated in these accounts.

These accounts can be opened with Vanguard, Fidelity, Ameritrade, Charles Schwab, or any other investment firm you trust.