Who do you think has more money at age 65?

You don’t have to be a genius to be wealthy. Although high IQ definitely helps, it is more important to have emotional intelligence in order to get rich.I like to tell the story of the twin brothers, James and Jeremy. They graduated with the same degree in engineering. They work for the same company. They earn the same amount of money throughout their working life. But they have different mentality about money.James started saving RM1000 at age 18. The brothers’ income is measly RM10,000 a year at that time. James decided to save 10% of his income. But Jeremy didn’t. Jeremy thought that RM1000 saving a year is really hard for him.10 years had passed by. James had never failed to set aside RM1000 every year for the past 10 years. He invested the money and got an average return of 10% per annum. Both the twin brothers were earning RM50,000 a year at age 28.James thought he had saved enough. He stopped saving since age 28. But he still invests what he had put aside before that. Ironically, at the moment he stopped saving, his brother Jeremy started the commitment to save RM1000 a year. Jeremy was so determined that he never stopped saving a thousand ringgit every year until he reaches age 65.The brothers invest in the same portfolio and reap a return of average 10% per annum.Who do you think has more money at age 65? clue:James only saved RM10,000 from age 18-27. Jeremy saved RM38,000 from age 28-65