Imagine stepping into a time machine, hurtling back to your younger days, and whispering sage advice into your own ear. What would you say? According to the latest survey by Aegon, many Brits would jump at the chance to encourage early savings—a choice echoing across age groups, genders, and financial backgrounds.

The Power of Early Saving

In Aegon’s Financial Priorities survey, an impressive 48% of respondents said they would urge their younger selves to start saving as early as possible. The appeal of this advice is even more pronounced among women and those over 50, with 51% of these groups emphasizing its importance.

Dr. Tom Mathar, Head of Aegon’s Centre for Behavioural Research, notes that while time travel remains in the realm of fiction, our actions today profoundly affect our future. “It’s not just about amassing wealth,” he explains. “It’s about preparing for life’s uncertainties and securing future well-being.”

As stated in IFA Magazine, such findings resonate with Aegon’s ongoing mission to bridge the knowledge gap in financial literacy.

Life’s Essential Lessons

Apart from financial advice, the survey highlights other top tips. ‘Taking care of your health’ (41%) and ‘Finding a job you love’ (36%) were also prominent. Interestingly, ‘Spending more time with family’ came in lower, illustrating the balancing act between personal fulfillment and responsibility.

Bridging the Knowledge Gap

The survey also dives into topics respondents wish they had known more about in their youth. ‘Investing and growing wealth’ (22%) tops the list, followed by ‘Retirement planning’ (17%). This suggests a widespread desire for comprehensive financial education from an early age.

To address these needs, Aegon is preparing to launch a new educational hub and podcast, aiming to guide individuals toward informed decisions and a prosperous future.

Conclusion

Whether you’re contemplating your own financial trajectory or seeking to impart wisdom, the message is clear: the earlier you embrace financial education and start saving, the better poised you’ll be to handle life’s twists and turns.

Get ahead of your current financial stage and make choices today that your future self will thank you for. After all, while we might not have a TARDIS at our disposal, our actions today are indeed the drivers of tomorrow.