Albert Einstein believed that the Rule of 72 was a more important discovery than his theory of relativity. The first reference of this rule comes from Luca Pacioli who is regarded as the “Father of Accounting”. In his 1494 book Summary of Arithmetic, Geometry, Proportions and Proportionality (Summa de Arithmetic, Geometria, Proportiono et Proportionalita) he explains the importance of this rule. Watch the whole video to find out more. Enjoy! Awesome Goodies 👇 ▶ 📚 FREE Audiobook from Audible: https://amzn.to/3d2dVBd Please note that the above links are affiliate links. #Rule #72 ⏱ Time Stamp: 00:00 Introduction 00:52 The Rule of 72 02:20 Compound interest 03:29 Investments 04:43 Inflation rate 05:41 Savings 🚀 POPULAR VIDEOS: 📺 ▶ 10 Legit Ways To Make Money And Passive Income Online - https://www.youtube.com/watch?v=EAj0ZsYcHkQ&t=0s ▶ 10 Money Goals You Must Achieve Before You Retire – https://youtu.be/Nz61g5KoX4E ▶ 10 Assets Everyone Should Invest In (In their 20s & 30s) - https://www.youtube.com/watch?v=HOlEwnkKSso&t=0s 📚 References: https://bit.ly/3Mgpo1b 🌎 Practical Wisdom – Interesting Ideas On this channel, I talk about money, lifestyle, investing, how to make money online, e-commerce and so much more. So, make sure to subscribe if this interest you! DISCLAIMER: I’m not a financial adviser. These videos are for educational purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your sole responsibility, these videos merely share my own opinions with no guarantee of gain or losses. The Audible, Seeking Alpha, Skillshare, Vint, and Depositphotos links are affiliate links meaning if you make a purchase using the link, I will receive a small commission at no extra charge to the buyer.

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