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Money Doubles Every 10 Years (and Most People Never Notice!), with Scott Yamamura
01:17:47
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2025/2/28
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Introduction
Reframing Compound Interest as Money's Multiplying Ability
Money's Multiplying Power: Strongest When Young
Challenges of Saving When Young and Broke
The Rule of 72: Doubling Your Money
Every Dollar Invested at 22 Multiplies 16 Times by Retirement
Starting Late with Retirement Savings: What to Do?
Three Core Ideas of Compound Interest
Using the Concept of Halving to Create Urgency to Invest
Finding Your 'Why' to Overcome Financial Temptations
Personal Story: Sierra Leone Mission Trip
The Joy of Spontaneous Giving as Motivation for Building Wealth
Balancing Retirement Savings with Paying Off Debt
Simplifying Finance Through the Rubik's Cube Analogy
Paula's Wrap-Up with Actionable Investing Advice for Beginners
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