Most Important Info from Lesson 1

The most important information I took away from the first lesson was the idea of compound interest. When Dave showed us the chart with Ben and Arthur, it opened my eyes to how effective saving money can really be. When most highschoolers think of money, it is spending that comes to mind before saving. This may be because many people think they do not make enough to find saving helpful. This lesson has showed me that no matter how small the savings, the investment is still there. Compound interest is most effective when done early because the interest on that interest will snowball until you no longer need to put money in. It would be a great feeling to know that even as a teenager, the money you are making is going towards your older life when you'll really need it.