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 […]
Tag Archives: interest
Should college students think about personal finance?
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 […]
Investing in Stocks
Brad Dugdale, author of Munny Journey, talks about investing in stocks for your child.
Investing in Mutual Funds
Brad Dugdale, author of Munny Journey, talks about investing in mutual funds and why you should start a mutual fund for your child.
The Rule of 72
Brad Dugdale, author of Munny Journey, explains the Rule of 72.
What’s Your Number: The Power of Compound Interest
Munny Journey will help you discover your “number.” The What’s Your Number page of the book helps explain the power of compound interest.
Getting Started with Munny Journey
This video will help you get started with investing from Munny Journey and planning for your children’s future.
One Third of America’s 18- to 34-Year-Olds Live with Parents
According to a report from Deutsche Bank, one third of american adults aged 18 to 34 live with their parents. So, Munny Journey is introducing the “Keep Your Kid Out of Your Basement Investment Kit.” Just a dollar a day, starting from birth, can keep your kids (or grandkids) from living in the basement. Take […]