By starting early or saving while you are young, you develop the habit of saving, one that you would carry with you until you are old. I started saving since I was in my early 20's and have been continuously doing so for the last few years. I have big expenses here and there that pop up every now and then but I always try to make it a point to save each time I receive my salary.
well. I got this habit when I was only 12 years old. I started work with my brother in his shop and start saving my all earning from that work.. that time I didn't earned a lot but I learned that how to save and how to sacrifice for many things,
and now it is helping me a lot. so you are 100% correct.
Actually people will much learned and improved more their saving strategy once they are in the situation of being an independent or they are on their own feet in terms of proper handling and budgeting their own money.
Back when I still live in my parents, my daily spending is horrible since I don't have to worry for the lost as I can request for money again to my parents. But now that Im independent and renting near our work, I do have now regular expenses including foods, rents, electric and water bills, postpaid bills and sometimes Im giving some too to my parents although Im not obliged. Also the work I put to get that money will be more appreciated since I know the feeling now of putting efforts to earned money.