Build A Wealthy Spirit
What would you accomplish if you felt empowered to take more risks and pursue work you love? Many of us live life on autopilot, checking boxes while constantly on the lookout for the next best job, only to realize we still feel dissatisfied and lack purpose. Each week, Sammie and Michelle explore tools their community can use to unlock their full potential. Since it’s hard to build a meaningful life without a secure financial foundation, they break down the most actionable ideas from the financial independence community to help people move from a season of scarcity to abundance.Money without purpose isn’t satisfying in itself, so they take things to the next level by sharing ways to identify your values so that you can feel empowered to pursue the dreams that are most meaningful to you. Join us as we rethink the status quo and Build A Wealthy Spirit!
Build A Wealthy Spirit
#27: Compound Interest
Sammie and Michelle take a look at compound interest, the "8th wonder of the world". They walk through what it is, how it works and why it's so magical. Listen to find out what people mean when they say their money is working for them.
Show Notes:
- “Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.” - Albert Einstein
- "My Bank of America account got six figures" - Who Do You Love by YG
- Compound Interest Calc
- No Scrubs by TLC
- "Thanks to the soaring value of that stock, Ms. Scott is accumulating wealth faster than she can give it away. Though she has donated more than $8 billion over the past 11 months, primarily through direct gifts to nonprofits, today she is richer than ever, worth some $60 billion, according to Forbes." - New York Times
- Personal Capital
Instagram: @statuspostadulting
Email: statuspostadulting@gmail.com
Website: statuspostadulting.com
Find more show notes and interact with the Build A Wealthy Spirit community at buildawealthyspirit.com!