Respuesta :
Saving money from a young age can let you be eligible to save a great quantity in sum. Hence, making you enabled to receive more interest in your account balances bc It’ll grow.
Saving small amounts of money at a compounding interest on a yearly or monthly or quarterly basis from a young age can help us earn a good return on investment.
What is compound interest?
Compound interest (or compound interest) is the interest on a loan or deposit calculated on the basis of both the principal interest and accrued interest on prior periods.
Compound interest leads to significant growth in your investment over time.
Therefore, even the smallest amount of initial investment can bring you higher wealth as long as you have a long investment of up to five years.
To learn more about compound interest, refer:
https://brainly.com/question/10522591
