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The Money School Podcast shares the secrets of the wealthy, so you learn how money really works and take back control of your life!

You'll hear the inside story of wealthy entrepreneurs and investors... breaking down how they got started, how they think about money, how they put money to work for them, and how you can change your life simply by doing ONE thing differently with the money you already have.

Through the podcast, you'll become your own bank - mastering how money really works - so you can use it to gain the upper hand and take command of your finances. After all, building wealth isn't about resources, it's about being resourceful. 

Hosted by Chris Naugle, former pro snowboarder turned real estate investor, serial entrepreneur, and money mentor, this podcast has one mission - to show you how money really works so you can reclaim control of your life!

Apr 25, 2024

It may be hard to believe, but a penny doubled over time can make you more money than a pile of $500,000 right now. What makes this possible is one simple yet powerful thing called compound interest.

 

It gives you the ability to multiply your money overtime, and turn one small investment into a whole lot of money. No wonder Einstein called it the 8th wonder of the world!

 

For all the power that compound interest has, it’s still misunderstood and totally underutilized. How does this powerful financial force actually work? What financial vehicle gives us both compound interest and access to capital for investments?

 

In this episode, I show you how compound interest can allow you to turn $500 into $500,000.

 

We’re the only ones who have been taught to give up control of our money, put it somewhere and let it sit and lose the opportunity to take advantage of new investments. -Chris Naugle  

 


Three Things You’ll Learn In This Episode 

 

-The smartest way to build wealth

Compound interest is one of the most underestimated phenomena in the world. How can you multiply your money by doing one simple thing? 

 

-Get the best of both worlds

The problem with popular investment vehicles is the flow of compound interest gets interrupted every time you take money out. Is there a way we can take money out to invest and keep building interest at the same time?

 

-Average vs. actual rate of return

A lot of the financial vehicles people flock to promise a high return, but when you take a closer look, do you actually end up with a lot less?