My two pieces of advice for young people are to speak with a financial advisor often, and to learn skills that will help you in the real world. I learned so many basic carpentry, plumbing, electrical, mechanical skills...
Yeah right as I bought my house I got a job with Bombardier building train cars. I think I made $21 an hour then. I flipped dirt bikes on the side too and made a good chunk of change with that to help with repairs on my house.