A Dollar Today Or A Dollar Tomorrow: Leveraging The Time Value of Money

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Listen Money Matters

Careers, Business, Investing, Education

4.4 • 2.3K Ratings

🗓️ 8 July 2019

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

A dollar today isn't the same as a dollar tomorrow, that's the time value of money. Risk and return are expecting a dollar risked to earn more than a dollar. The time value of money and risk and return are two core concepts in personal finance. Luckily, each boils down to a pretty simple statement. The core principle of the time value of money means your dollar today is worth more than your dollar tomorrow. Risk and return say that if you are to risk a dollar, you expect gains of more than just your dollar back. For each unit of risk you take on, you expect a slightly more significant unit of return. Even though these money concepts are easy to simplify, I want to dig a bit deeper into each of them. Full Article Here Show Notes Mikkeller Brewing Passion Pool - Gose-style ale with Passionfruit and Sea Salt American Solera Movement and Color Member Blend - Foeder Ale Refermented with Chambourcin and Norton Grapes Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey guys, I wanted to share something new I've been working on.
0:05.7	It's called Seeking Profit and it's a podcast where we talk about the second phase of my
0:10.2	personal finance journey building online businesses.
0:13.9	These businesses earn money while I sleep and have detached my time from my income.
0:19.2	Since 2013, I've generated millions in revenue with these websites.
0:24.2	I felt it was long overdue to create a show in Listen Money Matter Spirit that taught the
0:29.6	ins and outs of online business building.
0:31.5	This is my biggest passion and if you're interested in coming along for the ride,
0:35.7	just head over to SeekingProfitShow.com or search for Seeking Profit on YouTube or your favorite podcast app.
0:43.4	We're Seeking Profit!
0:50.2	Hey everybody, welcome to Listen Money Matters.
0:52.3	Compound Interest is the eighth wonder of the world.
0:54.8	He who understands it earns it.
0:56.4	He who doesn't pays it.
0:58.0	My name is Matt and I'm here as always with Andrew.
1:00.3	Andrew, how are you in?
1:02.0	What are you drinking?
1:05.2	Dude, good.
1:07.6	Came back from vacation.
1:08.8	Yes.
1:09.2	I'm relaxed.
1:10.3	Restriping rested.
	...

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