The power of compounding: How your wealth snowball grows with time
So much of financial success involves good habits practiced over long periods of time.
Yes, you can still have a positive impact on your financial future if you’re starting late in life — but if you’re 59 years old and just beginning to think about financial freedom, you have a lot of work to do.
But if you’re 19, you have an extra forty years to set yourself up for financial success. This extra time makes a ginormous difference!