Tips: Compounding And Start Saving Early
You may feel it’s impossible to save given how much you earn. The fact is, we can all live within our means if we really tried. Not only that, we can also save some money.
Most grandmas will tell you to save at least 10% of your income. Let say you earn RM3,000 per month that works out to RM300 a month. You may think it’s much.
But you will be suprised to see how that monthly RM300 can grow, especially if you put it into an investment that offers a good rate of return, such as mutual fund expecially funds that offer a compounding interest.