Start saving early from "summary" of The Wealthy Barber by David Barr Chilton
If you want to build wealth, you need to start saving early. This is a fundamental principle that cannot be overstated. The earlier you start saving, the more time your money has to grow through the power of compound interest. Compound interest is like a snowball rolling down a hill - it starts small, but as it rolls, it picks up momentum and grows larger and larger. When you start saving early, you give yourself a huge advantage over those who wait. Even if you can only afford to save a small amount each month, the key is to start as soon as possible. By starting early, you allow your money to work for you over a longer period of time, which can have a significant impact on your overal...Similar Posts
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