Potential Magazine Summer 2017 | Page 75

Believe it or not, Ben came out ahead … $700,000 ahead! Arthur had a total of $1,532,166, while Ben had a total of $2,288,996. How did he do it? Starting early is the key. He put in less money but started eight years earlier. That’s compound interest for you! It turns $16,000 into almost $2.3 million! Since Ben invested earlier, the interest kicked in sooner. WHAT YOU CAN DO NOW The trick is to start as soon as possible. Talk to your parents or teachers about how to open up a long-term investment account so you can become a millionaire, too. And remember, waiting just means you make less money in the end. SO GET MOVING! Dave Ramsey is America’s trusted voice on money and business, and CEO of Ramsey Solutions. He has authored five New York Times best-selling books. Follow Dave on Twitter at @DaveRamsey and on the web at daveramsey.com. 2017 RALLY DATES ANNOUNCED! ✔ Tuesday, September 12 The University of Alabama Tuscaloosa ✔ Wednesday, September 20 Shocco Conference Center Talladega ✔ Wednesday, October 11 First Baptist Church Andalusia Calling ALL FOCUS Facilitators! Summer One Day Training Tuesday, July 11, 2017 Clanton Conference Center - AL Power Company 2030 7th Street South - Clanton, AL 35046 STI-PD Offered Visit www.thefocusprogram.com For more information and to register Our Partners NATIONALGUARD.com/AL www.potentialmagazine.com Guidance & Counseling Division Summer 2017 | 35