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Most people studied math in school at some point, but traditional schooling doesn't necessarily explain how to manage personal finances. This infographic aims to alleviate some of the confusion by providing a clear look at where some of your money goes and how your savings can grow with just a little extra focus each month.
Saving money can be a tough habit to get into, but the reward is high if you start early. This infographic hammers home the incentive of regular savings contributions by forecasting compound savings over five, 10 and 30 year periods. By saving $100/week, you can accumulate almost $200,000 over 30 years. If finding $100/week to put aside is a bit daunting, the infographic also takes a look at popular expenses like cellular data plans and offers cost-saving alternatives. By making small adjustments to your monthly budget, you'll free up a few extra dollars a month that will mean a lot to your future down the road.
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