The Power of Compound Interest
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Compound interest is literally free money making more money while you sleep.
Here's the mind-blowing part: if you save just 100 dollars a month starting at age 20 with a
4 percent return, you'll have over 151 thousand dollars by 65. Your twin starts
at 50, saves way more, but only gets 132 thousand. That's the power
of time. :max_bytes(150000):strip_icc():format(webp)/COMPOUNDINTERESTFINALJPEGcopy-f248781269194135aa6044e088de7af9.jpg) Think about your dream car or that vacation fund.
Every dollar you invest early compounds, meaning your interest earns interest. It's like planting
a money tree that grows bigger branches every year. :max_bytes(150000):strip_icc():format(webp)/compoundinterest_final-5c67da5662ba458f8d9d229ab4ca4292.png) The earlier you
start, even with tiny amounts, the more your future self will thank you.
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