In this episode, I discuss the mental model of Gradualism and how to become a millionaire by investing only $1 a day. Gradualism is a mental model built upon biology and geography which can be leveraged to enable you to achieve financial independence. An approximate transcript follows below: Hello and welcome to Episode 2 […]
Compound Interest
Almost everyone has heard of interest. If you have a bank account, the bank probably pays you interest. (Even if it is a 0.000001% interest rate) If you have any debt, then you are likely paying interest on that debt. However, do you understand the effects of compound interest? Compound interest is the effect of […]
