I would tag on a real story to the sage advice from Nicolas Cole. A mentor of mine shared this. His father was a well accomplished man — a self-made man. On a good mood day, his quiet father felt like talking. He shared with his son stories from his life. When it came to money — he said that the 1 rupee (indian currency) he saved when he only made 10 rupees was a cherished memory compared to the same 1 rupee he saved at 100 or 1000. Forget compounding, the emotional lookback is enlightening- in retrospect. The meaning of savings changes with the denominator (earnings). The best feelings of achievement is when the denominator was smallest. I found the story memorable, wise and fascinating.