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Finance 101: Compounding & Rule 72

Finance 101: Compounding & Rule 72

FromDecision Day


Finance 101: Compounding & Rule 72

FromDecision Day

ratings:
Length:
10 minutes
Released:
May 1, 2024
Format:
Podcast episode

Description

Einstein claims compound interest to be the 8th wonder of the world, and that "Those who understand it, earn it and those who don't, pay it."
So what does compounding really mean?
Let's hear from my grandpa, a self-taught expert in saving and investing as well as my personal financial advisor!
He's constantly sharing money advice with me, so I'm passing it along to you!
It’s our first day of class, welcome to Finance 101 on the Decision Day Podcast.
These bonus episodes will provide you with basic financial knowledge and terminology to help prepare you for life after high school.
Send us more money topics/questions that you'd like to understand further! Reach out to decisiondaypodcast@gmail.com or ⁠⁠⁠⁠@decisiondaypodcast
For more: LeahLeverich.com
Released:
May 1, 2024
Format:
Podcast episode

Titles in the series (56)

Decision Day is the resource I wish I had. As a class of 2022 high school graduate, I was lost and undecided during my senior year. I kept wondering "How does everyone else have it figured out?!" Rather than following the traditional path, I decided to jump right into the workforce. Through Decision Day, we can navigate adult life and gain clarity learning from successful individuals from various industries! Offering career exploration, advice for the professional world, and basic finances, Decision Day is the best resource for undecided and curious students!