Finance 101: Compounding & Rule 72

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 [email protected] or ⁠⁠⁠⁠@decisiondaypodcast For more: LeahLeverich.com Thank you for listening! I can't wait to share a new perspective with you in the next episode.