{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/62fa0e8b26f5af0012802e7b/69cdaa373908885dc4f851ca?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"613 the 8-4-3 rule of compounding","description":"<p>In this episode Dev explains the basics of compounding and why it pays to invest as early as possible. He touches on:</p><p><br></p><p>👉🏾 what is compounding and compound interest vs simple interest</p><p>👉🏿 what is 8-4-3 rule?</p><p>👉 why waiting to invest is a risk</p><p>👉🏻 practical examples</p><p><br></p><p>Dev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.</p><p><br></p><p>Need a mortgage broker? Check out<a href=\"https://www.spherehomeloans.com.au/\" rel=\"noopener noreferrer\" target=\"_blank\"> https://www.spherehomeloans.com.au</a></p><p>Need to review your personal insurances? Head to<a href=\"https://skye.com.au/\" rel=\"noopener noreferrer\" target=\"_blank\"> https://skye.com.au</a></p><p><br></p><p>To chat with a professional and get help about your situation, <a href=\"https://www.moneypodcast.com.au/help\" rel=\"noopener noreferrer\" target=\"_blank\">click here</a>.</p>","author_name":"Dev Raga"}