Wealth Series 2.0 - Episode 6 - Compound Interest

When you understand the power of compound interest, you can use it to your advantage to grow massive wealth. In episode six of Wealth Series 2.0, Ben Kinney, Bob Stewart, and Chad Hyams give examples of compounding interest and how to use it to build wealth.

Disclaimer: You should not use our advice to make financial decisions. We highly recommend you seek professional advice from someone authorized to provide investment and retirement advice.

In this episode, we cover the following:

• Compound interest example [1:14]  
• How compound interest works [4:09]
• Why compounding creates wealth [5:43]
• Making decisions by leveraging compounding [7:52]
• Stats on compounding [8:35]
• Principle, rate of return, and compounding frequency [10:38]
• Compounding interest examples [13:24]
• The Rule of 72 [18:40]
• Warren Buffet's $10,000 compounding interest story [20:12]
• Compounding charts and exercises [23:55]
• Why compounding is so powerful [32:28]

Resources discussed in this episode:

• Enroll in Wealth Series 2.0: https://WinMakeGive.com/wealth/ to receive all the workbooks and have the resources emailed to you directly
• Download the workbook and resources for Episode 6 at https://winmakegive.com/wealth-part-6/
• Win Make Give Facebook group: https://www.facebook.com/groups/WinMakeGive

Connect with the hosts:

• Ben Kinney: https://www.BenKinney.com/
• Bob Stewart: https://www.linkedin.com/in/activebob
• Chad Hyams: https://ChadHyams.com/
• Book one of our co-hosts for your next event: https://WinMakeGive.com/speakers/

More ways to connect: 

• Sign up for our weekly newsletter: https://WinMakeGive.com/sign-up
• Explore the Win Make Give Podcast Network: https://WinMakeGive.com/
• Listen to Win Make Give Season 3 on YouTube: bit.ly/3pPEdAx

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Part of the Win Make Give Podcast Network