Saturday School — Do You Know the Rule of 72?

How long will it take to double your money? The Rule of 72 can tell you in an instant.

Saturday School — Do You Know the Rule of 72? Photo by Jeanette Teare / Shutterstock.com

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:

Do you know of other tricks that can help you track your financial progress? Share them by commenting below or on our Facebook page.

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