Take a look at how an investment of $250 a month would grow, starting at the following ages: Let’s take a look at a quick example of this with a “ $250 a month strategy,” which assumes an 8% average annual investment return. So, investing now in your future self will result in greater wealth down the line. What’s compound interest? This is when interest accumulates on the interest you’ve already earned on your money. With the burden of student loan debt, high living costs and wages that aren’t keeping pace, you may think it’s impossible to start investing now. But, here’s the truth: even stashing away a few dollars a week will add up to a nice nest egg over time – due to the magic of compound interest. Real-Life Money Lesson: Start investing as soon as possible Why? Because the bulk of your cash will be spent paying out rent to those smart enough to buy property early on. When playing Monopoly, if you don’t begin investing early, you’ll be forced out of the game sooner rather than later.
