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Financial Tip

The Rule of 72

You can easily see how the rate of return can impact your investments by applying the "Rule of 72." This is a simplified way to show how long your money takes to double at a fixed annual interest rate.

Dividing 72 by the following percentages shows the time needed:

Interest
Rate
# of Years
to Double
2% 36
4% 18
6% 12
8% 9
10% 7.2

Earning

Money TreeIncome is the basis for how much you can spend, save and invest.

There are several ways to earn money. In the Earning section, you will find information from what is an income, to how to increase your ability to make more money.