TIME SETS THE PROFITS

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because time is the principal factor in the growth of money

                                                                               

 

The savings story of Andy and Betty

 

Andy started his savings of RM200/month at the age of 25 and stopped his savings at the age of 34.

Betty started her savings of RM200/month at the age of 35 and stopped her savings at the age of 44.

 

And so, Andy has saved for 10 years. His total savings is RM200 x 10 years = RM24,000

And so, Betty has saved for 10 years. Her total savings is RM200 x 10 years = RM24,000

 

What happens to Andy's and Betty's savings when they are 55 years old?

Assuming their savings are earning dividend of 8% per annum.

Andy's savings balance at age of 55 is RM181,470

Betty's savings balance at age of 55 is RM81,756

 

The difference is RM99,714

although they each saved RM24,000 in same total

This proves that promptness in savings is great advantage in long term

 

How shocked was Betty to discover the loss.

So, Betty plans a strategy to recover her loss caused b lateness in savings compared to Andy's.

 

Apa happened then?

If you start to get interested with this thing called savings, contact us today for exciting story-telling.

We will tell you the ending of Andy's and Betty's story.

Let us explore the secrets of savings which is not as simple as we expect it is.

 

 

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