It's not too late to act on money advice from Mom and Dad.
Six in 10 adults say they'd be wealthier today if they had listened to their parents, according to a survey from Mint.com, which polled 2,000 adults in January. The big miss: 85 percent said they wished they had started saving money from an earlier age, as their parents recommended.
Instilling a regular savings habit early is sound advice. Early birds are poised to take full advantage of the power of compounding, said Geoffrey Sanzenbacher, a research economist at the Center for Retirement Research at Boston College.
"The easiest way to think about it is with compounding, the money you save earlier is worth more than the money you save later," he said.