The Power of Compound Interest
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Compound interest is literally interest earning interest on itself, and it's the closest
thing to magic your money has. When you save 100 bucks and earn 5% interest,
you don't just keep earning 5 dollars forever. Next year, you earn interest
on 105 dollars, then 110.25, and it keeps accelerating. The earlier you start,
the more insane the results get. :max_bytes(150000):strip_icc():format(webp)/COMPOUNDINTERESTFINALJPEGcopy-f248781269194135aa6044e088de7af9.jpg) Say you're 20 and start saving 100
bucks monthly at 4% return. By 65, you'd have over 150k from just 54k
invested. Your twin waits until 50, saves 500 monthly for 15 years,
invests 95k total, but only ends up with 132k. You literally invested half and got more
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