The Power of Compound Interest

Compound interest is literally your money making money while you sleep. Picture this: you

save just $100 monthly starting at 20. By 65, you could have over $150,000,

while your twin who starts at 50 and saves way more ends up with less. That's the insane

power of time plus compound interest. :max_bytes(150000):strip_icc():format(webp)/COMPOUNDINTERESTFINALJPEGcopy-f248781269194135aa6044e088de7af9.jpg) Here's what actually happens: your savings

earn interest, then that interest earns interest, creating this snowball effect that gets

bigger every single period. :max_bytes(150000):strip_icc():format(webp)/compoundinterest_final-5c67da5662ba458f8d9d229ab4ca4292.png) Whether you're saving for that dream Bali

trip or your first car, the earlier you start, the less you actually

need to save. Even $