You always hear that it takes money to make money right? Well that’s not always the case – Plenty of successful people have bootstrapped their way to success, starting with nothing but a positive attitude and a willingness to work harder than everyone else – but it is true that having some money does make it easier to make more money.
Why is that? Simply put, it’s compounded interest. Investing. The Time Value of Money.
We’ll explain what that means and how important it is in this post.