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Money for Life: Building Lasting Financial Confidence
11 minutes
18 hours ago
Why Invest? - Making Your Money Work - Ch. 8
Discover the fundamental difference between saving and investing. Learn how inflation silently erodes wealth and why letting your money grow through investments is essential for long-term financial security.
Learning Objectives:
• Understand the critical difference between saving and investing
• Learn how inflation erodes purchasing power
• Grasp the power of compound growth over time
• Recognize that time is your greatest investing asset
Reflection Exercise: Calculate: If you invest $100/month at 7% growth, what do you have in 30 years?
This episode is part of "Money for Life: Building Lasting Financial Confidence" - a 20-episode series designed to build financial literacy from the ground up.
Money for Life: Building Lasting Financial Confidence