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When Would You Use Compound Interest?
Raising Financial Freedom
English - July 25, 2021 01:00 - 11 minutes - 7.94 MB - ★★★★★ - 9 ratingsParenting Kids & Family Education How To #financialliteracy #teachingmoney #parenting #childrenfirst #money #legacy #investing #wealth #saving #budgeting Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Today's going to be a little bit of a shorter show and it's going to be a solo. A couple of episodes ago. One of my guests, Robert Shulz we briefly talked about. Compounding interests. Now I want to revisit that. Talk about that a little bit more. So the parents out there can fully understand how important this could be to their child when just starting off in life now to quote Albert Einstein, he who understands it, earns it. He who does it. Pays it.
In This Episode:
[00:01:34] -Simple interest
[00:03:00] - Compound interest
[00:04:23] - Time, compound interest best friend
[00:05:17] - Where can you find compound interest?
[00:09:47] - Starting early
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