Growing Net Worth Vs Growing Income: Which Should You Focus on?
The Personal Finance Podcast
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How Compound Interest Doesn't Work
The way compound interest works is that if you had three separate accounts, and were investing in, say, a rothi array, a standard brokerage account, and your four o one k, it's going to compound the same if they're separated out from the three accounts. It does not compound more if your money is combined together. No, that's not how compound interest works. But what you need to do is you need to get to that first hundred k as fast as you can. Why? Because once you have a hundred thousand dollars, which can be spread out across accounts, itcan be on one account, it doesn't matter. Once you have that first hundred000 dollars
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