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I asked him, "Isn't compound interest very important? The earlier you start investing, the more you can achieve financial freedom, right?"
He shook his head and wrote a number on the paper: 1,000.
"If your principal is only this much, even if you're Buffett, you can only earn 200 bucks a year with all your might."
He crumpled the paper and threw it into the trash can.
"There is a cruel truth about financial management: when you're just starting out, your main income is the biggest leverage.
Don't worry about managing ten million when you only have a thousand. That's anxiety, not financial management.
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