Money Gains: Key Takeaways

Key Takeaways?

Aligning financial goals with time horizons helps you make informed decisions about how to save and invest

Saving vs. Investing

• Saving is a decision today, to put money aside for use at a future date
• Investing is putting that money to work so that it can grow

Compounding & Time Value of Money

• $100 today is worth more than $100 in 1 year
  • Money invested today could grow to more money in the future
• Simple Interest is the money earned on your original investment
• Compound Interest is earned not just on the initial amount, but also on the money accumulated over time
  • This helps your savings grow faster!

Next Steps

• Start a budget to help visualize your path towards a financial goal - whether it’s a new laptop, or a monthly savings target!
• Explore financial education resources, such as Fidelity Money Gains to learn more about investing opportunities