Tag Archives: compound interest

Millennial Parents Face Economic Hardships

Young Invincibles report the plight of Millennial parents

I just finished reading a report from Young Invincibles describing the financial hardship facing Millennial parents.  The economic tsunami of lower income coupled with the higher costs of raising a child and being saddled by student debt is taking a toll on this generation of future leaders.  My heart goes out to this group as they attempt […]

The One Thing Every Millennial Should Do

Patrick O’Shaughnessy at the Millennial Invest blog wrote a post titled “6 Things To Do In Your Early 20’s.” Number two on the list is save and invest, and I believe this is the most important thing a millennial should do in their early 20’s. Ideally, investing should start at birth, it’s why I wrote […]

Munny Journey at Work in the Real World

The groundbreaking book “Munny Journey™” has been available for over five years but the concepts aren’t new. A friend and business partner of author Brad Dugdale, has been using the concepts outlined in the book to provide for the future financial security of his nine year old daughter. Darin Hayes works with Dugdale and when […]

This child will live to 120 years, and could earn a million dollars a year!

This National Geographic cover from May 2013 feature various babies with the heading “This Baby Will Live to 120.”  With that in mind, let’s talk about the power of compound interest. A one time deposit of $4,000 into a mutual fund would equal $123,948,000 based on the math shown in this video. A person living to […]