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The 5 Money Rules

The 5 Money Rules

Christopher Gower

The 5 Basic Money Rule

Most of us attend school for more than a decade to learn about reading, writing, and arithmetic –but never about our finances! Our agency was founded on the belief that Middle Americans should be provided with a sound education on how money works.

1. Rule of 72
Learn how to use the Rule of 72 to determine how long it will take your money to double in any interest-bearing account. Knowledge is power!

2. Impact of Taxes
The biggest difference between the wealthy and the middle class is the time the wealthy spend thinking of ways to minimize their taxes. Learn how taxes can make an enormous impact on your retirement savings, and how to minimize that impact.

3. Need to Invest Early
Procrastinating is one of the most damaging things you can do when it comes to your retirement savings. But there is still time, and the best time to start planting that seed is today!

4. Compound Interest
It may be compound, but it's not complex! Learn more about how compound interest can be your best friend if it's working for you, and devastating if it's working against you!

5. College Planning
As tuition costs continue to skyrocket, proper planning for your child's college expenses is becoming more and more important. Learn how a little planning can go a long way toward ensuring that your future college grad isn't buried in student loan debt by the time she starts her career.