Compound Interest: Start Early, Grow More

Compound interest is literally money making money while you sleep. Think about it:

you save 100 bucks a month starting at 20, earning 4% interest that compounds monthly

over 40 years. By 65, you'll have over 151 grand. Your twin waits

until 50, saves way more aggressively, and still ends up with less money. The difference is

wild because compound interest works like a snowball rolling downhill, getting bigger and

bigger as it picks up more snow. :max_bytes(150000):strip_icc():format(webp)/COMPOUNDINTERESTFINALJPEGcopy-f248781269194135aa6044e088de7af9.jpg) Here's the deal: when you earn interest,

that interest starts earning interest too. So a 10 grand loan at 5% compounded

annually becomes almost 12 grand after three years. The more frequently it compounds,