Join Date: Jul 2000
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Re: what should I do? and how should I do it?
All the above is damn good advice.
After you establish your plan/goals, pay yourself FIRST - start a high interest bearing savings account, etc. The earlier you start, the greater the return.
"The most powerful force in the universe is the power of compound interest" - Albert Einstein
With compound interest, it can work for you or against you.
Debt is a negative compounded REDUCTION; savings etc. is a positive compounded ADDITION - the difference between the two is a DOUBLE economic loss or gain.
Last edited by RichH; 2 Days Ago at 11:09 AM.