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Dreaming big is easy bro
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Very good saving concepts for young people to know. Life for most people is complicated. People become unemployed; at other times they have student loans and mortgages. As well, when you're 20 you may still be a full time student with more debts than income. When you do get a chance to save and invest, you may be much older than planned and your return on investment will not consistently be above 7%. You will need much more than $100.00 per month to reach a good nest egg by age 65.
Thank you for your reply. I completely agree with you. Saving more than $100 per month, particularly given the uncertainties, is a smart decision.
Nice chapter! ❤
Great stuff!