Start early

Start early

“To be successful, you must decide exactly what you want to accomplish, then resolve to pay the price to get it.” – Bunker Hunt

The easiest way to become wealthy is to start early. If you start investing at age 20 and earn 10% on your money, all you’ll need to do is invest $95 a month to have a million dollars by 65. However, if you don’t start until you are 45, you’ll need to invest $1300 a month to get to the magic million. It gets scary if you leave it to age 55 because by then, you’ll need to find nearly $5000 a month to reach your goal.

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