Episode 70 - Compounding Interest - Why it is of interest...
Released Sunday, 29th May 2022
Good episode? Give it some love!
Episode 70 - Compounding Interest - Why it is of interest...
Episode 70 - Compounding Interest - Why it is of interest...
Sunday, 29th May 2022
Good episode? Give it some love!
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One of the things that savings, loan payments, mortgages, KiwiSaver and the Consumer Price Index have in common is Compound Interest yet most people don't know what it is and how it works. In fact, most people would say what has it got to do with me and why should I even care about compound interest at all?
Key Ideas:
· What is compound interest and why care?
· The formula for compound interest
· How compound interest grows over time
· The good and bad
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Bolster Risk Management
Dom Bish likes making life insurance and finance easy for you. At Bolster Risk Management, we take a down-to-earth approach, trying to take a dry topic like personal money, and making it more accessible for you.If there is a topic that you would like Dominic to discuss, or maybe you have a question about life insurance, money and personal finance that is bugging you, please let us know.Join Podchaser to...
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