compound interest, understanding it tells you the future value of a dollar saved as well as the eventual cost of a dollar borrowed. It can work for you, or against you. Saving vs borrowing decisions can have long term consequences, yet it often is a simple binary decision.
Comments
compound interest, understanding it tells you the future value of a dollar saved as well as the eventual cost of a dollar borrowed. It can work for you, or against you. Saving vs borrowing decisions can have long term consequences, yet it often is a simple binary decision.
Post: What’s the most important financial concept?
Link to comment from June 3, 2023