Albert Einstein once called compound interest the eighth wonder of the world. If you understand it, you can earn it; if not, you might end up paying it.

Compound interest is a game-changer for building wealth over time. It’s all about your money earning returns, and those returns earning even more returns! Imagine investing $100,000 at a 7% rate. By year 30, that could grow to over $786,000! The key is to start early and let your money work for you.

Consistency is crucial too—adding small amounts regularly can supercharge your growth.

So, if you want to build long-term wealth, remember: start early, stay invested, and be patient. Your future self will thank you!