If you start saving only a small amount, early in life, it can lead to a larger savings pot than if you were to save a large amount much later in life…
With this in mind, would you rather have R1,000 per day for 30 days or R1 that doubled in value every day for 30 days? Those in the know would choose the doubling of R1. Why? Because, at the end of 30 days, they would have accumulated over R500 million – versus the R30,000 they would have if they had opted for R1,000 per day.
