Investing is an important part of building wealth, but it can be intimidating.

You do not have to wait to start investing.

There are plenty of blogs that spell out what you better know in an easy-to-understand format.

Over time, the value of your dollar is declining.

Bankrate’sinflation calculatorhelps put a number on it.

Plug in your own info and compare how much your savings are worth without inflation vs. with it.

Then, adjust the calculation using the expected rate of return you’d get with investing.

And the sooner you get started, the more it can work in your favor.

Check out Get Rich Slowly’s full post for more detail.

Are you holding yourself back with these money lies?| Get Rich Slowly

Photo byDave Barger