Assess Needs
Set Goals
Make a Plan
Take Action
Add Up Your Income
Estimate Your Expenses
Figure Out the Difference
Track, Trim and Target
Interest Calculations
The Rule of 72
The Power of $50 a Month
Start Saving Early
Common Types of Bank Accounts
Debit Cards
Electronic Banking
Shopping Options
Look Out!
Common Fraud
Contest Cons
High Cost Financial Services
Telemarketing Fraud
Work-At-Home Schemes
Lodging a Complaint
Online Shopping
E-Terms at a Glance
THE RULE OF 72
The rule of 72 helps to determine how many years it will take to double your money. Input your own value in the formula below.
72
divided by
=
Years to double
investment
%
interest rate you can get
You can also use it to determine what interest rate you need
to double your money in a set amount of years. Input your own value in the formula below.
72
divided by
=
% Interest
rate required
Years to double investment