Why the time value of money is crucial to understand | Finance Friday
Built with Billd
English - November 12, 2021 10:00 - 6 minutes - 8.34 MBManagement Business Education commercialrealestate construction constructioneducation constructionfinancing contractors funding materialpurchasing materialsuppliers purchasingterms subcontractors Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: $550 Billion may soon be headed our way | Walkthrough Wednesday
Next Episode: How to win more commercial construction jobs
Money today is worth more now than the same sum in the future.
Why? Inflation.
Money can only grow through investments, and waiting to invest that same sum is an opportunity cost.
Understanding the time value of money helps you make smarter investment decisions by choosing the right projects to bid on.
So, how do you calculate time value of money?
Tune into this week’s Finance Friday to learn more.