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💡 Financial Literacy Tip of the Day: The Rule of 72

Do you know how long it takes for your money to double? The Rule of 72 can tell you! Divide 72 by your annual interest rate to see how many years it will take.

For example:
If your money earns 6% interest annually, it will double in about 12 years (72 ÷ 6 = 12).

Are your savings growing as fast as they could? Let’s talk about strategies to make your money work harder for you!

From the book How Money Works by Tom Mathews, Steve Siebold, and Andy Horner. Request your FREE copy.

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