What happens to couch potatoes? Sitting around all day doing nothing, they get fat. Are you one of them?
What happens to couch potatoes? Sitting around all day doing nothing, they get fat. Are you one of them?
The opposite is true with money. Leave it sitting around, and you’ll find that the total just gets smaller and smaller. To make that pile of dough grow, you need to exercise it, or make it work.
Compounding can ensure that your money keeps growing year after year.
Compounding means letting your money develop year after year, by allowing interest to build up. Say you invest $100, and this generates a 10 percent profit. If you leave the investment untouched, you’ll generate another 10 percent on $110 the year after, then on $121 the following year, and so on
Albert Einstein says compound interest is the world eighth wonder.
Start investing and don’t just rely upon retirement plan and all that stuffs.