Effect Of Compounding?
FrugalTrader has a post about 2007 PF Blogger Net Worth Comparison. This intrigued me to write a post about the how starting early makes money grow better. Each point represents one of the bloggers. I used the earliest and the latest networths posted on their blogs or from networthiq.
Though Canadian Dream at Canadian Dream: Free at 45 feels comparing networths could be a danger, I liked doing this. It makes me believe it is possible to improve my networth if I am aware of my finances. The message that I derived by doing this is that the sooner we become aware of our money the better it grows — Effect of compounding?? There are a few exceptions, but I am willing to look at the bigger picture.
If of the above listed bloggers want their comparison to be removed or if anybody wants to be added, please leave a note. If any of the data is incorrect, let me know. I will honor your request.
