What if I told you that for every 💸 five dollar bill you gave me; I'd give you twenty dollars back? How many would you give me? Would you run to the bank and remove all the money in your checking account and have them cash it out in $5 bills? I think most of us would!! Well, what if you had to wait sixteen years to get your money back?
Now that we are 3 days into 2026, let's make this year the example in this scenario. Let's say you have all of 2026 to give me as MANY $5 bills as you want, and in 2042, 16 years from now, you will get back $20 for every $5 bill you invest now. Would you still empty out all of your savings? Maybe you would need to strategize a little better... but how much money would you dedicate to this investment?
Let's say you get paid every week, and you decide to invest $20 from every paycheck you receive.
☑️$20 x 52 (weeks) = $1,040 sixteen years later, you would receive $4,160.
Not bad... but what if you could do more? You may have to give up that daily Starbucks run, or maybe cut going out to that fancy restaurant or meeting your friends for cocktails one night a week... But what if you were able to put away $300 a month instead?
☑️$300 x 12 (months) = $3,600 sixteen years later, you would receive $14,400.
What if you did this every year, for the next 10 years, and each year, that same money could continue to grow for an additional sixteen years? Hey, if you've already changed your daily habits to incorporate monthly savings for one whole year, then why not keep it up?! By doing this, you are now able to save up and grow over $300,000! And all because you chose to save $75 a week, instead of going out to eat and spending that same $75 bucks.
Many people say they would love to have such an opportunity. To have this money grow while they're sleeping, playing, hanging with family or friends, working, vacationing, etc. What if each and every one of us DOES have this opportunity? We just need education on where to save, and how to save so that our money can compound and grow interest.
Where are you when it comes to saving? Are you a great saver, and your money is growing while you sleep? Or have you been frivolously spending? Comment below and share how you could maybe cut back a little and save. Or if you are a really great saver, what advice can you provide? What sacrifices have you made in order to make your money work hard for you, rather than always working hard for your money?