Compound interest will make you wealthy
In this episode of The Money Podcast on JacPod, Justin Harrison and David Bester talk about compound interest and why this is one of the secrets to generating wealth.
Albert Einstein once described compound interest as the 8th wonder of the world, saying it's possibly one of the greatest inventions of mankind.
In this episode, Justin and David discuss how you can generate wealth using compound interest, and they will also introduce you to the Rule of 72. Listen below.If you are interested in getting Justin’s book “Compound Interest Secrets” you can get a copy from Amazon here.
Meanwhile last week The Money Podcast looked at investing in the stock market and share the essentials you need to know before investing in stocks.
The stock market provides an exciting opportunity to build your wealth, however it is essential that before you start investing that you fully understand the stock market as well as the companies that you decide to invest into.
In this episode we want to give you a glimpse into why the stock market presents an incredible opportunity and where you should start if you want to invest in the stock market. Click the 'play' button below to listen.
Want to catch up on the series? Find all past episodes of The Money Podcast in the channel below.
More about Justin and David
Justin Harrison and David Bester are self-made entrepreneurs on a
mission to help South Africans become better at money. Justin is the author of eight personal finance books; he’s a
serial entrepreneur, investor, wealth creator and one of South Africa's thought
leaders in the financial technology space. He's a passionate South African,
father of three and avid sportsman who believes deeply that South Africa is one
of the best countries in the world.
David Bester is also a personal finance author, personal finance coach, entrepreneur
and investor, and has been on the forefront of the digital finance revolution
for the last decade. He is a father of two, an avid sportsman, and believes
that South Africans can prosper with the correct motivation and
direction.
Together Justin and David are involved in multiple business
ventures and share a common passion for financial education, self-improvement
and simplicity, and these are the driving force behind all their ventures.
In July 2020, the duo took to YouTube to start a financial
education channel to help South Africans better understand money, and since
then over 200,000 South Africans have taken to the channel to learn and engage.