Got an Extra $250 a Month? Here's How to Turn It Into $500,000

For most of us, $250 isn't a small chunk of change. But unfortunately, it doesn't look like much next to our monthly bills, which are usually in the thousands of dollars. And it looks even smaller next to the hundreds of thousands or even millions of dollars we plan to spend in retirement.

But if you don't need the $250 right now, there's a simple way to turn that cash into a much larger sum that will go a lot further in the future. Here's how.

Image source: Getty Images.

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Source Fool.com