Compound interest means the interest you earn is added to your savings, so next time you earn interest on a slightly bigger sum. The effect is small at first and dramatic later.
The best time to start saving was years ago. The second-best time is today.
The bigger picture
The key ingredient is time. Starting early, even with small amounts, often matters more than finding the perfect investment.
This is sample content created for the demo site. Edit or delete it from the dashboard.