Please note that for many when they say compounding interest they mean compounded rate of return. This return can be on any asset class not just bonds. I 1000

Please note that for many when they say compounding interest they mean compounded rate of return. This return can be on any asset class not just bonds. I 1000% agree with you on avoiding unnecessary expenses. Until you get a few million in the bank your greatest wealth building tool is your income so be wise in how you deploy it. Best advise I have is have a budget, try and save 20% of your GROSS, 10% to retirement the rest non retirement accounts.