Joe and Big Al show you how much money you can accumulate because of compound interest. The longer money compounds, the faster it grows. Learn the importance of saving early in life and understand that it is never too late to start.
0:12 “If you’re younger, start saving now. If you’re a little older, which a lot of individuals are lacking savings, well it’s never too late to start”
0:48 “Let’s say you put away 5% of your salary, that’s about $417 a month” (with annual salary of $100,000)
1:11 “Some of you are thinking, I’m 50 and I haven’t really started; what about for me?”