4.8 • 3.1K Ratings
🗓️ 10 April 2023
⏱️ 12 minutes
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0:00.0 | Yeah, today's QODS compound interest is neat stuff. |
0:06.0 | Here we go. |
0:30.0 | Welcome back to the QODS Day Show. |
0:34.0 | I'm your host, Sean Croxton, a Sean Croxton.com. |
0:37.0 | We got David Chilton, also known as the wealthy barber on the show today. |
0:42.0 | And you know what? |
0:43.0 | Typically on Mondays, we do motivation Monday, but today we're going to call it money Monday. |
0:50.0 | Because what he's going to talk about is one of those things that many adults, |
0:57.0 | when we get late 30s, 40s, 50s, we say to ourselves, |
1:01.0 | why didn't somebody teach me this when I was younger? |
1:05.0 | Why didn't they teach this to me in school? |
1:07.0 | Why didn't my parents teach me this? |
1:09.0 | Because this very concept of compound interest can make a huge difference in your life. |
1:16.0 | You know, last Christmas, I sent my niece's books on personal finance. |
1:21.0 | And I sent them a text and I said to them, I wish I knew what's in this book. |
1:26.0 | When I was your age, because if I would have started investing and putting away my money, |
1:31.0 | even if it was just a little bit, I would have an enormous amount of money now because of time. |
1:39.0 | Right? |
1:40.0 | When you get in early, it pays off later on. |
1:44.0 | When you get in late, it's not the same kind of return. |
1:48.0 | So pay attention, listen and learn about compound interest. |
1:52.0 | Share this with a younger person because it could make an enormous difference in their lives. |
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