“Man’s mind stretched to a new idea never goes back to its original dimensions.” ~ Oliver Wendell Holmes
Getting a life means having control of your money. Controlling your money means getting money to work for you instead of you working for the money. Doing this allows you more time for the fun stuff. Recently, while mentoring a young man, I introduced him to the compound interest calculator (just Google it; there’s lots of them). Someone else had tried to teach him the concept using the rule of 72, but there was a disconnect. I could see the lightbulb go on for him In less than sixty minutes as he figured out that he could eventually become financially wealthy. There was now possibility, hope and the way it could happen. Of course, he’ll have to do the work, but with the new knowledge, he’s now stacking the deck in his favor. Take sixty minutes on the compound interest calculator and see if you can find ways to change the rest of your life.
“Compound interest is the eighth natural wonder of the world and the most powerful thing I have encountered.” ~ Albert Einstein