Episode 048: Compound Interest: Your Best Friend or Your Worst Nightmare

<div class="kvgmc6g5 cxmmr5t8 oygrvhab hcukyx3x c1et5uql ii04i59q"> <div dir="auto">In today's episode we talk about COMPOUND INTEREST. When referring to investing, compound interest is your absolute best friend. However on the flip side, when referring to credit cards or student loans, compound interest is your worst nightmare. </div> <div dir="auto"> </div> <div dir="auto"><span style= "font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;"> Referenced in this episode: </span></div> <div dir="auto"><a href="bankrate.com"><span style= "font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;"> bankrate.com</span></a></div> <div dir="auto"><a href="moneychimp.com"><span style= "font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;"> moneychimp.com</span></a></div> <div dir="auto"><span style= "font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;"> Mimi from Meadowsweet Money <a href= "https://www.instagram.com/meadowsweetmoney/">@meadowsweetmoney</a></span></div> <div dir="auto"><span style= "font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;"> Chris from The Everyday Millennial <a href= "https://www.instagram.com/the.everyday.millennial/">@the.everyday.millennial</a></span></div> <div dir="auto"><span style= "font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;"> Lexa from The Avocado Toast Budget <a href= "https://www.instagram.com/theavocadotoastbudget/">@theavocadotoastbudget</a></span></div> <div dir="auto"> </div> <div dir="auto"><span style= "font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto,