Compound interest.

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May 18, 2015
6:34:46pm

vacougfan

Compound interest.

http://www.investor.gov/tools/calculators/compound-interest-calculator

This message has been modified

Originally posted on May 18, 2015 at 6:34:46pm

Message modified by VACOUGFAN on May 18, 2015 at 6:36:04pm

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vacougfan

Bio page: vacougfan
Joined: Sep 5, 2001
Last login: May 1, 2024
Total posts: 62,080 (19,413 FO)

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Messages

Author

Time

Good anecdote or analogy for teaching kids to save money?

kccougar

5/18/15 6:31pm

Compound interest.

vacougfan

5/18/15 6:34pm

Wheat on the Chessboard story works good here.

Noni Fruit

5/18/15 6:37pm

I remember that from the 70's

5/18/15 7:12pm

You could give the kids some m&m's or something and let them decide how many

dilbert

5/18/15 6:49pm

I like this one

donnerstag

5/18/15 6:35pm

That would be fun to do.

kccougar

5/18/15 6:46pm

Especially if you make $10k a month like the guy in the article

supertux

5/18/15 6:57pm

Fortunately, I have access to a pickup truck.

kccougar

5/18/15 6:59pm

If I made that, I wouldn't want my kids to be embarrassed that I made

Bergloewe

5/18/15 7:36pm

A penny day one 2 pennies day 2 4 pennies day 3 etc for 30 days

My Soapbox

5/18/15 6:35pm

Marshmallow experiment

Gustav

5/18/15 6:36pm

We routinely drive to Lehi and point out the poor people.

Ragnar Danneskjold

5/18/15 6:51pm

Haha.. That got me to laugh out loud. Good life lesson.

cougfanz

5/18/15 8:42pm

For older kids, I like to talk about "options", but this is within the context

RebelScum

5/18/15 7:45pm

Here is $20 for our trip to ____. Whatever you save during the trip, I'll double

jholling

5/18/15 11:12pm

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