Compound Interest: Your Best Friend or Worst Enemy. Episode 137

02/11/2025 22 min

Listen "Compound Interest: Your Best Friend or Worst Enemy. Episode 137"

Episode Synopsis

Most people quit too soon… not because they can’t win, but because they don’t see the small wins stacking up.In Episode 137 of the Wealth Is a Journey Podcast, I break down the real power of compound interest—the 8th wonder of the world—and why it applies to both investing AND debt:💸 $1,000 invested at 10% return can grow massively over time💳 But $1,000 on a credit card at 30% interest? That’ll cost you way more than you thinkThe difference? Your choices.If you're feeling stuck or unsure how to get started with building momentum, don’t worry—you’re not alone. Join the Wealth Builders Community, where we break everything down and walk the journey together.—📞 Need help getting started with budgeting or investing?Book your FREE discovery call here → https://www.wealthisajourney.com—🙌🏽 Stay Connected:Instagram & Facebook: @che.willisTikTok: @chewillisLinkedIn: Che Willis—#CompoundInterest #DebtVsWealth #WealthBuilding #BudgetingTips #FinancialFreedom #SmallWinsBigResults #WealthIsAJourney #FaithAndFinance #MoneyMindset #FinancialDiscipline #WealthBuildersCommunity #BelievePlanExecute