How To Become A Millionaire With Compound Interest | The Simple Way For Everyday People
The idea of making $1m is a tantalising thought. For most of us that reality is very far away, it is almost impossible off a salary alone to entertain the thought of accumulating that amount of money.
BUT that reality is actually incredibly achievable through one simple practice. Live below your means and invest the difference. Once you invest in assets that return through capital gains Compound Interest takes over.
In this video I show you how simple it can be to accumulate wealth within a long term time frame and how it may well be in reach for majority of everyday people if you start investing early with a modest amount getting a modest return.
Money Smart Compound Interest Calculator : https://moneysmart.gov.au/budgeting/compound-interest-calculator
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