Compound Interest: Time Beats Money
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Compound interest makes your money earn money on top of money. That's the secret
sauce to building wealth without breaking a sweat. Think of it like this: you save one
hundred dollars and earn five dollars in interest. Next time, you earn interest
on one hundred five dollars, not just the original hundred. Your money literally
multiplies itself while you sleep. :max_bytes(150000):strip_icc():format(webp)/COMPOUNDINTERESTFINALJPEGcopy-f248781269194135aa6044e088de7af9.jpg) Let's say you're twenty and start
saving one hundred dollars monthly for that dream vacation. With a four percent annual return compounded
monthly, you'd have over sixty four thousand dollars by thirty. Your twin waits
until thirty to start saving five hundred monthly. By forty, they'd only have
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