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I've worked in global banking for 25 years. These are the 6 most important pieces of financial advice I tell family and friends.

This as-told-to essay is based on a conversation with Racquel Oden, US head of wealth and private banking at HSBC. It has been edited for length and clarity. I've worked in global banking for HSBC, JPMorgan Chase & Co., Merril Lynch, and many more. Over the years, I've given my clients plenty of advice on saving, budgeting, investing, retirement, and financial planning.When it comes to my family and friends, the most important financial advice I give them is to start putting away money as soon as possible. ...