Do you know the rule of 72? It might sound like some arcane mathematical law that only a numbers geek could love. In fact, it’s a shortcut that can help you quickly determine how long it will take to double your money — all without using a calculator.
Watch this video from Khan Academy to learn to quickly find out how long it will take to reach your financial dreams.
For more tips on building wealth, check out:
- “The 10 Commandments of Wealth and Happiness“
- “The Rich and Famous Reveal the Best Advice They Ever Received“
- “Want to Be Rich? Here’s All the Advice You’ll Ever Need, in 10 Simple Sentences“
Do you know of other tricks that can help you track your financial progress? Share them by commenting below or on our Facebook page.