Learning the important financial rules of thumb helps you to manage your money wisely. It helps you in budgeting, saving, investing, and planning for your financial future. In this video, we have covered four rules that help you calculate how fast your money might double, triple, or even quadruple. Watch this video till the end.

👉 Rule of 72: How fast will your money double?

The Rule of 72 simplifies financial calculations by estimating how long an investment will take to double at a fixed annual rate. It's a quick mental calculation used to determine the potential impact of compound interest on investments.

👉 Rule of 114: How fast will your money triple?

The Rule of 114 acts similarly to the Rule of 72 but focuses on determining the time needed for an investment to triple at a particular interest rate. It's a quick method for estimating investment growth and the effects of compounding. Like the Rule of 72, it's a straightforward formula used in financial planning for approximate calculations.

👉 Rule of 144: How fast will your money grow 4X?
The Rule of 144 estimates the duration for an investment to quadruple in value at a given interest rate. It's a quick guide for approximating growth and compounding effects. Similar to the Rule of 72 and Rule of 114, it's a simplified tool for investment calculations in financial planning.
👉 Rule of 70: How fast the value of your money diminishes?
The Rule of 70 is typically used in calculating the impact of inflation. It estimates the time it takes for prices to double based on a given inflation rate. This rule aids in understanding the erosion of purchasing power due to rising prices over time.
📃CHAPTERS

00:00 Introduction
01:08 Rule of 72: How fast will your money double?
02:01 Rule of 114: How fast will your money triple?
02:47 Rule of 144: How fast will your money grow 4 times?
03:54 Rule of 70: How fast the value of your money diminishes?


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