Secondly, she highlights that those who get rich are not simply just saving their money, instead they are investing it, ‘you have to allow your money to work harder for you by investing it in the stock market.’
Tori Dunlap says that saving our money is not enough and that we should be investing our money in order to build our wealth.
Dunlap called on women to learn more about money and investing as she described that a financial education is ‘a women’s best form of protest.’
Time is money, as the saying goes.
Dunlap says: ‘Even if you only have $50, $100 to get started, it’s important that you get started now and allow time to work harder for you because there is this lovely thing called compound interest.’
Compound interest is when your interest earns interest.
She goes on to explain why she will be a millionaire when she retires, ‘So because I did so much of the heavy lifting early, with 100k, 50k, I will grow my wealth over time and allow it to grow for me for the next 30, 40 years.’