Compound Interest: The Power of Time

Compound interest is literally the cheat code to building wealth that schools never taught you.

It's not just interest on your money, it's interest on your interest, creating a snowball

effect that gets bigger every single year. :max_bytes(150000):strip_icc():format(webp)/compoundinterest_final-5c67da5662ba458f8d9d229ab4ca4292.png) Here's how insane

this gets. Say you're 20 years old and you start putting away just 100 dollars a month

for that dream vacation fund or future car. With a 4 percent annual return compounded monthly,

by the time you're 65, you'll have over 151 thousand dollars. Your actual investment?

Only 54 thousand. The rest is pure compound interest doing the heavy lifting.

:max_bytes(150000):strip_icc():format(webp)/COMPOUNDINTERESTFINALJPEGcopy-f248781269194135aa6044e088de7af9.jpg) But here's where it gets wild. Your twin waits until they're 50