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Chapter 11: Why you should invest ASAP
Aussie FIRE | Financial Independence Retire Early
How to Invest $250 a Month to Get Financial Independence
The money smart compound interest calculator is a great way to visualize what we're talking about here. If you start investing with just $250 per month, assuming a 7% annual interest rate and continue doing so over the next 50 years, your snowball will grow into a life changing amount. You can check out plus there's a formula if you want to use that to calculate. The fast route is certainly possible for some people and some high-income earners, couples, that kind of thing - but it's not going to be for everyone.
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