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Carnivals around the corner

Today I was featured in two carnivals: Carnival of Personal Finance at The Simple Dollar. Carnival of Investing  at Money Start Life. As always, there were many great articles from these carnivals. Here are some that I liked. Carnival of Personal Finance: Making The Financial Sacrifice To Get What You Want at My two dollars. Money Automation 101 at Simple Guru. Simple living- 25 ways to save money at InvestmentLoans. Carnival of...

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Start saving for retirement asap, compound interest says so.

Start saving for retirement asap, compound interest says so.

So here is the scenario: Person A is 20 years old and has nothing start off with since he’s fresh out of school. But he has a decent job and he able to invest 100 dollars a week. He does this til the age 60. Starts with $0.00 Invest $100.00 a week ($4,800.00 a year) Interest rate going at 10% 40 years to invest Person B is 40 years old and has waited this long to wait to start saving for his retirement. He has some money saved up...

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