Compound Interest: Time Builds Wealth

Compound interest is literally the cheat code to building wealth that nobody tells you about.

It's when your money makes money, and then that money makes even more money.

:max_bytes(150000):strip_icc():format(webp)/COMPOUNDINTERESTFINALJPEGcopy-f248781269194135aa6044e088de7af9.jpg) Here's the wild part. If you save 100 dollars monthly

starting at age 20 with 4 percent interest, you'll have over 151,000 dollars

by 65. Your twin starts at 50, saves way more, but only ends up

with 132,000 dollars. :max_bytes(150000):strip_icc():format(webp)/compoundinterest_final-5c67da5662ba458f8d9d229ab4ca4292.png) The secret is time. Every year your interest earns interest

on itself. That vacation fund grows faster when you start today versus next year.

Open a high yield savings account or IRA now, even with small amounts.