In this episode, Brendon & Amanda talk about the 8th wonder of the world:
Compound Interest.
Saving early and consistently is one of the most powerful financial tools available today. Tune in to learn about this powerful concept and learn how you can put it to work by saving your money the right way to build a consistent stream of ever-increasing wealth over time.
Show Highlights:
– Gambling and getting serious about savings (2:20)
– When to save vs when to invest (5:00)
– The Financial Stability Pyramid: Why the rich get richer and the poor stay poor (6:00)
– The uninterrupted power of compounding interest and how to correctly use it (9:45)
– Grandma’s 10,10,10 saving strategy for long-term financial stability (15:00)
Remember…if you choose to let your money just sit in a bank, it will make less than 1% interest. Compounding interest is your future nest egg – and you can start utilizing it’s potential starting today…just like Grandma used to!
———————————————————————————————————————
Remember to download Grandma’s free wholesome wealth recipes book by dropping into www.grandmaswealth.com. Time-honored wealth strategies served with a helping of balance and trust.
If you’d like to see how Grandma’s timeless wealth strategies can work in your life, schedule your free 15-minute coffee chat with us by visiting www.grandmaswealthwisdom.com/call…just like Grandma would want us to do.
