If you watched the season premiere of HBO’s Hard Knocks, you saw Cleveland Brown Defensive Lineman Carl Nassib give some financial advice to his teammates. Carl’s Money Tips focused on compound interest.
To quickly calculate how long it will take for your investments or cash to double in value, check out my post The Cool Rule of 72.
My favorite part was when he copped to almost buying a Rolex to try to impress Taylor Swift. Then he decided not to after thinking about leaving that cash alone to grow.