Episode 6: Compounding, ESOPs & The First Million

Rich people swear by it. Poor people don’t have it. Scott calls it the eighth wonder of the world: compound interest. Rauce learns how money makes money — and why patience pays like nothing else. Then, the two dive into the world of ESOPs (Employee Stock Ownership Plans), the dangers of putting all your eggs in one stock-shaped basket, and one unforgettable story about a guy who turned $1 million into $70,000 overnight. Lessons, laughs, and a few hard truths — all in one money-smart hour.