In an appearance on ABC’s “Good Morning America earlier this year, “Shark Tank” star and Chairman of O’Shares ETF Investments, Kevin O’Leary offered a “jawsome” example of the power of compound interest. “The average salary in America is $52,000, if you save 10 percent when you start in your 20s, by the time you are 65, you will have $1.2 million dollars in the bank.” …READ MORE.

Judy Scinta is a Buffalo, NY freelance writer covering branding, entrepreneurship and startups, and the financial and legal industries. Connect: LinkedIn