This morning we realized we’ve never shared the most important thing we’ve ever learned about money. I was 17 when I first heard about compound interest from Dave Ramsey and it’s the reason we care about personal finance today.
In the video we explain why it’s so important for young people to learn about the magic (and danger) of compound interest. Even 5 or 10 years can mean a difference of millions of dollars.
Please share this story with anyone who you think might need to hear it 🙂
Dave Ramsey Article: http://goo.gl/00EKYf
We don’t talk about investing for the first time enough. We take for granted that investing in the stock market has become second nature to us. There is also a lot of bad information out there on YouTube.
So, we decided to make a quick overview of the basics of investing. Instead of explaining everything all in one video, we describe how we invest in the stock market and have links below so you can read more about each step:
Can Everyone Retire A Millionaire? http://goo.gl/xmJbno
The 4% Rule – http://goo.gl/4kW3zS
Pay Yourself First – http://goo.gl/Q5AyrD
Automate Your Finances – http://goo.gl/unc3Zc
Why We Chose IRA – http://goo.gl/JF27H3
IRA vs. Roth IRA vs. 401k – http://goo.gl/qD5yBh
Why Vanguard – http://goo.gl/ZoSp6a
Why Index Funds – http://goo.gl/GO1Sy6
Why Index Funds, Again – http://goo.gl/kj0i3E
The Stock Market Always Goes Up – http://goo.gl/1TJWtP