Time is Your Friend
01.The Early Bird Secret
Because compound interest needs time to roll down the hill, starting early is the single most important secret to wealth. A kid who starts saving at age 10 can end up with much more money than an adult who starts at age 30, even if the adult saves more money each month!
02.A Tale of Two Savers
Imagine Sally saves $100 a month starting at age 20 and stops at age 30, leaving it to compound until age 60. Ben starts at age 30 and saves $100 a month all the way to age 60. Sally saved for only 10 years; Ben saved for 30 years. Yet Sally ends up with more money! Why? Because her money had an extra ten years to compound.
03.Start Today!
You don't need a lot of money to start. Even saving $5 or $10 a week right now gives your compound interest snowball a massive head start. Time is the most valuable asset you have!