**Adding money**is very similar to

**adding**whole numbers

**together**, there is just one very important part that you need to keep in mind. When

**adding money**, you need to

**add**the cents

**together**first, then

**add**the dollars. When you report your answer, you will report both the dollars and the cents. Let's practice this a bit.

Also question is, how much money saved is enough?

Fast Answer: A general rule of thumb is to have one times your income

**saved**by age 30, twice your income by 35, three times by 40, and so on. Aim to**save**15% of your salary for retirement — or start with a percentage that's manageable for your budget and increase by 1% each year until you reach 15%Also Know, how fast does money grow?

An investment that grows at 8% each year takes 9 years to double, while one that grows at 7% a year, doubles in 10.3 years. Just 1% more means… One-and-a-half year more of your

**money**working for you, rather than you working for**money**!