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The Rule of 72 🔢
Albert Einstein math equation! 72 ÷ interest rate = years to double your money. Examples: - 8% → ~9 years - 6% → ~12 years ⚠️ Works the same for debt. Credit cards double against you.
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The Power of Compound Interest 💥
Compound interest means you earn interest on your interest. Example: $100/month invested at 8% = ~$183,000 in 30 years Time matters more than amount. Start early. Stay consistent. 👉 Question: If you could go back 10 years, would you start investing sooner?
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Welcome!
👋 Welcome to the Financial Literacy Skool! Hey everyone — I’m excited to have you here! This community was created to help you understand money, build confidence with your finances, and create long-term wealth—no confusing jargon, no gatekeeping. Inside this Skool, we’ll cover things like: 💰 Budgeting & money habits 📈 Investing basics (and beyond) 🏦 Credit, debt, and banking 🚀 Wealth-building strategies & mindset 🧠 Financial education they never taught us in school Whether you’re just getting started or looking to level up, this is a judgment-free space to learn, ask questions, and grow together. 👇 Start here: Introduce yourself in the comments! - Where are you from? - What’s one financial goal you’re working on right now? I’m glad you’re here — let’s build financial freedom together. 💚📊
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