Where the Money Resides: Compound Interest

The Breakdown with Shaun King

The North Star

News, Society & Culture

4.8 • 12.6K Ratings

🗓️ 8 April 2023

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Join Allan Boomer and Tiffany Hawkins on The Momentum Advisors Show as they share their wealth of knowledge and expertise on financial literacy and empowerment. With actionable insights and practical tips, they'll guide you towards making smart financial decisions and achieving financial freedom. Don't miss this episode, it's packed with valuable information you won't want to miss! Chances are, you've heard of the term "compound interest," but do you know how it really works? If not, you're in the majority: 69% of Americans don't understand it. Compound interest is the "magic pill" that converts your "modest savings" into massive wealth. Through the power of compound interest is how most "everyday" people become millionaires. On this episode we are breaking down how compound interest works and how to make it work for you--at any age. Original Airdate: April 4, 2021 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I would dream first home, probably a doer upper, put a runs damp on it.
0:03.4	Sounds like a nightmare, which is why I keep saying we should look at new builds.
0:06.4	But they're all so watertight, asshole free.
0:08.4	Boring, just white boxes.
0:10.2	Well, we can decorate an old liquor painted in there.
0:12.4	Hmm.
0:13.4	Like a nice shade of grey.
0:15.4	We are not having grey walls.
0:16.8	Why not?
0:17.6	Why not?
0:18.6	Whatever stage of the process you're at,
0:20.2	Halifax's online first-time buyer events are full of useful tips and guidance.
0:24.8	Halifax, it's a people thing.
0:26.8	For more information, search Halifax first-time buyer events.
0:30.4	I race for life for my mum, who was diagnosed with bowel cancer.
0:34.4	I race for life for my best friend, who we lost to soon.
0:38.0	I race for life for my dad, who's living with prostate cancer.
0:41.8	I race for life for everyone, facing cancer.
0:45.0	Who are you, raceful?
0:47.0	Sign up to your local event at racepolive.org by the 30th of April to get 30% of entry.
0:53.8	And together, we will be cancer.
0:57.2	In partnership with Headline Sponsor Standard Life.
	...

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