School of Financial Freedom

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The $37,000 latte

Ah, the miracle of compound interest. One of my favorite lessons in FF1 is about the Indian chessboard. “Compound interest is a tail heavy process. You really start seeing the results only after a certain period of time.”

Our minds can’t wrap around how fast compound interest happens. It’s basically magic, both dark and light. Seth Godin this week shows it in a great post about the $37,000 latte.

As my the PUGS nutrition instructor says, there are no good and bad choices, only consequences.