One of the most powerful forces in economics and finance is compound interest.
Not everyone understands compound interest, even though they may reap its benefits or suffer its consequences.
Compounding has the potential to build fortunes and wreck empires. The effects of compounding are also not limited to interest payments. It can apply to a great many things in and out of the natural world.
Learn more about compound interest, how it works and its awesome potential on this episode of Everything Everywhere Daily.
Sponsors
Quince
Go to quince.com/daily for 365-day returns, plus free shipping on your order!
Mint Mobile
Get your 3-month Unlimited wireless plan for just 15 bucks a month at mintmobile.com/eed
Stash
Go to get.stash.com/EVERYTHING to see how you can
receive $25 towards your first stock purchase.
Newspaper.com
Go to Newspapers.com to get a gift subscription for the family historian in your life!
Subscribe to the podcast!
https://everything-everywhere.com/everything-everywhere-daily-podcast/
--------------------------------
Executive Producer: Charles Daniel
Associate Producers: Austin Oetken & Cameron Kieffer
Become a supporter on Patreon: https://www.patreon.com/everythingeverywhere
Discord Server: https://discord.gg/UkRUJFh
Instagram: https://www.instagram.com/everythingeverywhere/
Facebook Group: https://www.facebook.com/groups/everythingeverywheredaily
Twitter: https://twitter.com/everywheretrip
Website: https://everything-everywhere.com/
Disce aliquid novi cotidie
Learn more about your ad choices. Visit megaphone.fm/adchoices