Grace is a conscious spender and takes lots of discipline to save and invest her money contributing $1000 per month. By 30, she started her own family and stopped saving but her money stayed invested.
Melissa, on the other hand, loves clubbing, shopping and buying of branded goods when she was in her 20s. At the age of 30, she suddenly realized the importance of investing and thus started saving and investing $1000 per month. Unfortunately, she had to continue contributing all the way till 70.
Guess what? At age 70, both have $2.5 million. But Grace took $120,000 from her own pocket whereas Melissa took $480,000 from her own pocket!
Do you wish to be Grace or Melissa? The choice lies in your hands.
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