When you’re in your teens or early 20s, it can be really hard to think about something as abstract as retirement and to put away money for such a vague distant goal. But your age is a huge advantage in building wealth. Huge. The younger you are the more you can take advantage of what […]
You’re probably familiar with the concept of compounding returns — the idea that if you invest some money and it earns some money, those earnings will then earn money, and those earnings will then earn money, and on and on, eventually turning into a lot. For example, let’s say a young person was wise beyond […]
Weekly roundup of some of the best personal finance articles from around the web. What we want doesn’t always make us happy (Bloomberg). Are you pursuing things, and spending money on things, that won’t make you happy? Here’s how much more money you’d have for retirement if you saved $100 a month starting at age […]
