22: Where the Money Resides: Compound Interest

Chances are, you've heard of the term "compound interest," but do you know how it really works? If not, you're in the majority: 69% of Americans don't understand it. Compound interest is the "magic pill" that converts your "modest savings" into massive wealth. Through the power of compound interest is how most "everyday" people  become millionaires. On this episode we are breaking down how compound interestworks and  how to make it work for you--at any age.