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When you start saving for the future can often come well down the list of financial priorities, behind paying off debts, paying a mortgage and financing a child’s education. However, the longer you put it off, the more you’ll miss out on the power of compounding returns. Einstein reportedly stated: “Compound interest is the eighth wonder of the world. He who understands it, earns it… he who doesn’t… pays it.” Most people appreciate the importance of paying off debts to avoid the interest rolling up. But the power of the compounding concept is often overlooked by those who need to create wealth for the future. The secret of investing success Read more…