Number 1: The age you start saving

The younger you are the larger your crucial asset.

That asset is called time. And I bet you have more of it left than me. I certainly do have more Christmas days behind me than in front of me.

Time is the coin of your life. It is the only coin you have, and only you can determine how it will be spent.

One idea is to spend time in the market. Because it is your greatest natural advantage and makes all the difference in making money work for you (the generally preferred choice over “working for money”).

Link to “Bigness Bias”

Link to “A powerful example of compounding interest”

Link to “How to become a millionaire by saving 1$ a day”

 

Number 2: Your savings rate

Are you saving enough yet?

Once you decide on saving more it is crucial to …