Check out this nifty flash video from Vanguard about the power of compounding. I’ve talked about this a bit and the Rule of 72 before in this previous post, but there’s nothing like a bit of nifty Flash and graphics to drive a point home. Compound interest is awesome, and starting a.s.a.p. is critical. For example, all you need to begin is $1 at Capital One 360, and you can turn it into $26!. Then set up an automatic savings plan with them, and you’re on your way. (Credit for flash to Our Money, Our Future).
Watch this video, and starting saving… NOW
April 6, 2005 By Leave a Comment
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My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned. MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.
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