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 […]
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 […]
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 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 […]
Yes! I wish every student understood compound interest. Once you turn 18 you’re an adult. You are fair game in the land of finance. Welcome to the dark side of compound interest. Student loans… credit card debt… overdraft fees… finance companies… all await a new group of uninformed consumers to the ease of credit. Borrow […]
The Millennials are the first “work and live generation.“ For the past 10,000 years the pattern was ”work and die.” The millennials have watched their great grandparents, grandparents and parents live longer. Watching people live longer has afforded them the luxury of delay. Let’s take 10 years and hangout… because we can. Millennials don’t invest […]
Brad Dugdale, author of Munny Journey, talks about investing in mutual funds and why you should start a mutual fund for your child.
Brad Dugdale, author of Munny Journey, explains the Rule of 72.
Munny Journey will help you discover your “number.” The What’s Your Number page of the book helps explain the power of compound interest.
This video will help you get started with investing from Munny Journey and planning for your children’s future.