Category: rule of 72
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How one penny a day could make you rich.
Depending on where you are in your journey towards financial success and financial independence, you may or may not have heard this illustrative point before. And if you have, it is a great reminder on the power of compound interest. Here’s the question for you: I am offering you 1 million dollars today. Or you…
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Rule of 72 explained in a layman’s terms
Like you and for me and I would safely say, most of the people on earth. We all have read and heard things that we thought we understood and had an understanding of and after a deeper dive we learned we didn’t really know as much as we thought. The rule of 72 is one…