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Tuesday, February 13, 2007

Using time factor to become wealthy

An excellent article from Bankrate.com, again espousing the benefits of starting savings at an early age. An important point that the article makes: "You have time on your side, and time is your best ally when it comes to getting rich".

The article also provides a link to a savings calculator. To see how much your projected savings would be by the age of 65 based on your current age and monthly savings, check out the link to the calculator provided below:

Savings Calculator

For a similar post on the magic of compounding, check out:

The high cost of procrastination

posted by Ruby @ 6:23 AM

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