Compound Interest

Everything Everywhere Daily

Gary Arndt

History, Education

4.8 • 1.8K Ratings

🗓️ 19 October 2024

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

One of the most powerful forces in economics and finance is compound interest. Not everyone understands compound interest, even though they may reap its benefits or suffer its consequences. Compounding has the potential to build fortunes and wreck empires. The effects of compounding are also not limited to interest payments. It can apply to a great many things in and out of the natural world. Learn more about compound interest, how it works and its awesome potential on this episode of Everything Everywhere Daily. Sponsors Plan your next trip to Spain at Spain.info! Sign up at butcherbox.com/daily and use code daily to get chicken breast, salmon or ground beef FREE in every order for a year plus $20 off your first order! Subscribe to the podcast! https://link.chtbl.com/EverythingEverywhere?sid=ShowNotes -------------------------------- Executive Producer: Charles Daniel Associate Producers: Ben Long & Cameron Kieffer Become a supporter on Patreon: https://www.patreon.com/everythingeverywhere Update your podcast app at newpodcastapps.com Discord Server: https://discord.gg/UkRUJFh Instagram: https://www.instagram.com/everythingeverywhere/ Facebook Group: https://www.facebook.com/groups/everythingeverywheredaily Twitter: https://twitter.com/everywheretrip Website: https://everything-everywhere.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	One of the most powerful forces in economics and finance is compound interest.
0:05.0	Not everyone understands compound interest, even though they may reap its benefits or suffer its consequences.
0:11.0	Compounding has the potential to build fortunes and rec empires. The effects of
0:16.1	compounding are also not limited to interest payments. It can apply to a great many things
0:20.8	in and out of the financial world.
0:23.0	Learn more about compound interest, how it works, and its awesome potential
0:28.0	on this episode of Everything Everywhere Daily. everywhere daily. This episode is sponsored by Butcher Box.
0:45.0	We're now in the thick of football season and that means inviting friends over to watch the big games.
0:51.0	If you're going to have people over, then you're going to have to feed them.
0:54.0	And no matter what your game day food selection is, Butcher Box can help you out.
0:58.0	Butcher Box is currently offering new members a great deal that will help in your game day preparations.
1:04.6	New members can get their choice of ground beef, chicken wings, or bacon for free in every
1:10.1	order for the lifetime of your subscription.
1:13.0	Want to serve burgers or sliders?
1:15.0	Then go with the ground beef.
1:16.0	If you love chicken wings, then you can go for that.
1:18.0	And of course, bacon goes with everything.
1:21.0	No matter what you select, Butcher Box only offers the highest quality
1:25.8	Meats and Seafoods. So sign up to Butcher Box today by going to Butcher Box.com
1:32.3	daily to receive your choice of ground beef, chicken wings, or bacon for free in every
1:38.6	order for the lifetime of your subscription. Plus you get $20 off your first order. Once again that's
1:45.0	butcherbox.com slash daily and enter code daily at checkout.
	...

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