Einstein called compound interest the most powerful force in the universe.
In this episode we cover the basics of compound interest and explore the opportunity cost with common monthly expenses. Find out exactly how much that daily latte or your car payment could really cost you.
You can find in the show notes at habeshafinance.com/16 a pretty cool table that shows you the year by year progression of the different saving items. You'll see how much you could have accumulated after 10, 15 up to 40 years of saving and investing the same amount you would be throwing at various monthly expenses. Just go check it out!
Compound interest calculator used: habeshafinance.com/investorgov
For show notes and transcript go to habeshafinance.com/16
