Regardless of your aptitude for math, the one equation that you’ve certainly seen is Einstein’s world changing E=MC2 from his theory of relativity. But Einstein was fascinated by another formula from a different discipline than physics: investing.

He once remarked “Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it.” For the magic of compound interest to work, the key ingredient is time and consistent saving…so do the young people in your life a favor and share this graphic from Visual CapitalistHow Small Investments Make a Big Impact Over Time.

Look at it this way; foregoing a daily latte (or the dollar equivalent) and investing in a well-diversified portfolio of stocks can turn into $1,500,000 over 50 years. (The average yearly return of the S&P 500 is 10.26 % since 1957).