I love the Eighth wonder of the world. I adore the power of compounding interest. And as I understood it better, I started to save more of my income so that I could spend more on investment products and grow my wealth further.
In mid-2019, I stopped the miles chase. By the miles chase, I was not just charging to my miles card expenses that I would have paid with cash but also spend on more than I would have done. I still charge to my cards though, the difference this time is on necessities and essentials.
I wrote about Compounding Interest and Rule of 72 three months back when I just started writing. As a new year has just begun, I thought it was wise to reiterate the importance of starting your investment journey early – not just for yourself, your spouse or even your newborn. Even for...