Thanks from the future: The Right Financial Decisions Today are the Foundation for a Secure Future

You’re standing in a crowded store, glaring at the latest iPhone model. This is the latest model of the world’s most popular smartphone that everyone is talking about with admiration. However, you suddenly hear an inner voice telling you, “Is this really the best use of my money? Maybe this money can be spent more wisely?”

A familiar situation? Each of us have faced such a dilemma.

Unfortunately or fortunately, the reality is this: the decisions we make today—yes, even the seemingly insignificant ones—can have a direct impact on our future financial stability. Therefore, the sooner we start investing our savings wisely, the better off we will be in the future. As Albert Einstein said, “Compound interest is the eighth wonder of the world. Those who understand it, earn it and those who don’t, will pay it.”

Let’s find out why it’s so important to start investing early and how you can get started on your path to financial freedom today.


The effect of Compound Interest

Compound interest is a magical concept in the financial world. This is the process by which the returns on your investments begin to earn interest on their own. This is the main charm of timely investment!

Imagine a small snowball rolling down from a mountaintop. The longer the mountain slope, the more snow clings to the ridge and the bigger it becomes. It’s the same with your savings – the sooner and earlier you start investing wisely, the more benefits you’ll get and the more voluminous the effect of compound interest will be.


The Effect of Early Start: A Tale of Two Investors

To illustrate the importance of starting investing early, let’s consider the case of two fictitious investors: early Peter and late Paul.

Peter starts investing 200 GEL per month at the age of 25, and Pavle starts investing 400 GEL per month at the age of 35. Both have an average annual yield of 7%. By age 65, who do you think will have more money?

Despite investing less money in total, Peter will have accumulated much more money – about 525 thousand GEL, compared to Pavlo’s 367 thousand. This is because Peter’s money has had much more time to use the effects of compound interest and grow.


Invest In Your Future

Embarking on your investment journey may seem daunting, but with the right approach, the process can be simplified. With so many resources available online, qualified financial advisors and new investment platforms, starting to invest has never been easier.

Remember, that it is not necessary to start investing with a large amount of money. The most important thing is consistency and methodology. Even a small amount invested regularly can turn into a significant amount for you over time.


Get Started Today

Imagine yourself 30 years from now. What financial advice would you give to your younger self? Most likely it will be “start saving and investing earlier”. So, what are you waiting for? Make a decision today, that your future self will thank you for.

Talk to Financial Advisor today!

Any investment in financial instruments involves risks. Past performance is not basis for predicting future results. Before making an investment, a potential investor should carefully read the investment prospectus and related materials, and carefully analyze the risks associated with the financial instruments and their relevance to his investment objectives and financial situation.