Compounding Interest…

Compounding Interest…

SportsFaith Play of the day from the Ultimate Playbook!
 
1 Thessalonians 5:15
 
Make sure that nobody pays back wrong for wrong, but always strive to do what is good for each other and for everyone else…
 
In my profession I work with people on building a better game plan to build more financial clarity and certainty. One area that gets focused on often is the effect of compounding interest and the results it creates. What are the effects of compounding interest of a good investment? Security, stability, and less dependency on money eventually. That can ALL be snuffed out by the compounding interest of a lot of bad debt! That compounding interest causes you to be a slave to the lender! If we answer a wrong with a wrong we are creating a compounding interest on bad debt! Stop the snowball of pain and suffering and instead start to focus on long sustained growth that is created by doing what is good! Invest well in others and the dividends you earn will be eternal! Have a blessed day!

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