The earlier you start saving, and the more consistently you do it, the more likely you are to become a millionaire later in life, says Farnoosh Torabi , a financial planner, author, and host of the " So Money " podcast, on a recent episode of Sophia Amoruso's Girlboss Radio . "People get overwhelmed [when] they think about how much they’ll need one day," she said. "The truth is that it’s not how much you save when you’re young, it’s the frequency of saving when you’re young… it’s the consistency ." Torabi suggests starting small, because with compound interest any money you save will grow exponentially over time. "If you start at 25, saving $9 a day, saved over the course of 32 years — historically that has averaged 8% annual return — you can end up with $1 million by the time you’re 67." The simple fact that you'll end up with more money than you actually put away is one way to motivate yourself to save. Torabi of