The 41-year-old American writer of Indian origin said the key to investing is to start sooner rather than later because 'when you begin early, you give your money a longer amount of time to grow through the power of compound interest' as one can earn interest on both the contribution and the interest it earns over time.
'The price of housing has gone way up and the effect -- especially on young people, people without money, minorities -- is to make them feel that they are failures,' Ramit Sethi said.
Ramit Sethi shares easy-to-follow guidelines for people which aren't restrictive, but empowering.