Decide to take action

  • There are many different products, from simple savings accounts to more complex investment vehicles like mutual funds.
  • The more money you save, the more interest you earn, and the more your money grows.
  • Determining an amount to save per month and applying it to your budget makes your goal more attainable.
  • Time is the magic key to making compound interest so effective. The key is to start now!
  • When dealing with money and financial institutions, always consider the risk involved with the account or institution.