Posts tagged ‘rule of 72’

Understanding the Rule of 72 and How It Applies to Investments

Updated: October 5, 2020 | Investing | 2 Comments

What is the “Rule of 72” and why do many financial advocates use it to convince people to invest? Today, we’ll take a closer look at this concept. The Rule of 72 is used in personal finance as a shortcut to calculate how many years an investment will double in value, given a fixed annual […]

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Take this Simple Financial Literacy Test

Updated: April 4, 2020 | Personal Finance | 17 Comments

A study by Standard & Poor (S&P) in 2014 showed that only 25% of Filipino adults are financially literate. The global score is 31%, which means our country is below average and needs to improve. Fortunately, the Philippine government is already working on several financial literacy programs to help address this. This news was announced […]

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