The Power of Compound Interest

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.6 • 1.7K Ratings

🗓️ 1 March 2022

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Compound interest is what people are talking about when they tell you to “make your money work for you.” Focusing more on making money than coupon clipping is important, but making that money make you even more money is what separates the rich from the super rich. It’s truly the secret to growing wealth overtime by doing pretty much nothing. Today, Nicole puts that secret out in the open. Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0	Hey guys, are you ready for some money rehab?
0:05.0	Wall Street has been completely upended by an unlikely player. Game stop.
0:08.7	That's enough.
0:09.7	Dean and should I have a 401k because I don't do it?
0:12.5	No, I know.
0:14.1	What's that?
0:15.1	I don't think the whole world will revolve around you on your money.
0:17.7	What a dumb shit.
0:18.9	I think I'm dead.
0:19.9	Charge for wasting our time.
0:22.9	I think I'm dead.
0:23.9	I will take a check.
0:24.9	I think I'm a bullsh**.
0:26.4	Bullsh**.
0:27.4	You recognize her from anchoring on CNN, CNBC, and Bloomberg.
0:31.9	The only financial expert you don't need a dictionary to understand.
0:36.2	The cold lap in.
0:38.1	You guys, my latest book, Miss Independent Hit the Wall Street Journal's best seller
0:42.0	list at number two.
0:44.2	And normally, Mama only likes number one, but I am so honored to be on this podium.
0:49.5	And I will happily take the silver to Mr. James Clear and his stellar book, Atomic Habits.
0:56.4	But I wanted to celebrate with you guys by sharing another excerpt from the book.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Money News Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Money News Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.