When is the best time to start saving a portion of your income?

Question 8 options:

Once you take out your first loan

As soon as you have extra money

As soon as you start your first job

Once you have established credit

3 answers

As soon as you start your first job
Why is it often a bad idea to buy luxury items on credit?
Question 9 options:

The price may go down over time.

You may not want that item in the long run.

It limits your ability to purchase necessities in the future.

By the time you pay for it, you won't get any satisfaction from it.
It limits your ability to purchase necessities in the future.