Debt finances the construction of mega-structures, innovation, many unnecessary wars, and the rapidly-cooling latte of this not-so-humble smashed avo enthusiast. Debt in its traditional sense is often shunned by millennials. We no longer have faith in our financial institutions. We’re no longer naive enough to believe the narrative that banks are acting in our best […]
Tag: interest
The time value of money
Albert Einstein once said that “compound interest is the most powerful force in the universe”. Probably. Who knows. The renowned physicist is attributed with saying all sorts of things. But wherever that quote comes from, it’s not wrong. In this article, I hope to explain to you that understanding the time value of money and […]
smashedavofund.com 