Starting to invest early in life gives you an upper edge in comparison to those who start late. One of the main reasons behind this is a term known as compound interest. Essentially, compound interest is the interest earned on interest. By continuously reinvesting your earnings and not taking out your investments, you are exponentially increasing your return on investment. By starting to invest early, you will allow your investments to compound and grow for much longer, a return that would be considerably more than if you start later in life. In addition, by starting early, you will be able to get into the habit of saving more. The more you invest, the more you get in the future, you will develop the habit of cutting unnecessary expenses and diverting them into investments.