Compound Interest: How You Can Turn $200 into $500,000

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0:39 - The compound interest formula
2:20 - What is compound interest
4:40 - How to save money to invest
7:47 - The 50 30 20 rule for budgeting
9:26 - How to save for retirement
17:54 - Paying off debt vs investing
18:41 - How to invest for retirement at age 50
22:32 - Tax loss harvesting 101

Albert Einstein reportedly called it the 8th wonder of the world.

We call it "your golden ticket to financial independence."

With three numbers and the right attitude, you can reach financial freedom with the help of compound interest and a long investing time horizon.

If you do it right, you can take less than what you'd spend eating out for lunch in a month ($200) and over time turn it into a half a million dollar nest egg for your retirement.

We explain how in this broadcast and give you the tools to make it work for you — with tips on budgeting, big pitfalls to watch out for, and most importantly some ideas on where to invest the money you're saving away!
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