building wealth, compound interest, savings

How Saving When Young Impacts Your Overall Wealth

Half of American adults started 2022 with a desire to boost their savings. That admirable intention could prove easier for those who developed good habits of saving when young. After all, it’s possible kids who get used to regularly depositing some allowance funds in their piggy bank won’t think twice about setting money aside when ...

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Sitting on a piece of astroturf outdoors, a piggybank looks at a little glass jar full of coins with a U.S. hundred dollar bill poking out the top.

The Power of Compound Interest and Why It Pays to Start Saving Now

The power of compound interest is way underrated. This is because most people find it hard to deposit a principal amount only to receive the accumulated interest. Tracing its roots to 17th century Italy, it’s simply “interest on interest.” Basically, it is calculated on the principal amount and grows the sum amount at a more ...

Hermann Rohr