Investing
Start at 10 years old: You plant $10. By 20 years old, you have a big garden because it has 10 years to grow and compound.
Start at 15 years old: You plant $10. By 20 years old, you have a smaller garden because it only had 5 years to grow and compound
Why It's Powerful
Compound interest is powerful because the earlier you start, the more time your money has to grow on top of itself. It's like a snowball rolling down a hill – the longer it rolls, the bigger it gets.
So, starting to invest early means your money has more time to grow and multiply, making you much richer in the long run!
