Comments on: The Rule of 72 http://masteryourcard.com/blog/2009/02/03/the-rule-of-72/ The best Credit Card Debt Blog online Wed, 17 Mar 2010 10:38:55 -0400 http://wordpress.org/?v=abc hourly 1 By: Top 10 Investing Rules of Thumb | ETF Database http://masteryourcard.com/blog/2009/02/03/the-rule-of-72/comment-page-1/#comment-37349 Top 10 Investing Rules of Thumb | ETF Database Fri, 17 Apr 2009 02:51:13 +0000 http://masteryourcard.com/blog/?p=758#comment-37349 [...] 72 by whatever yield you are getting to see how long it would take for your investment to double. Master Your Card has a great example of how the Rule of 72 works in real life: The membership share he currently has [...] [...] 72 by whatever yield you are getting to see how long it would take for your investment to double. Master Your Card has a great example of how the Rule of 72 works in real life: The membership share he currently has [...]

]]> By: PJ Van Hulle http://masteryourcard.com/blog/2009/02/03/the-rule-of-72/comment-page-1/#comment-36890 PJ Van Hulle Tue, 14 Apr 2009 08:03:17 +0000 http://masteryourcard.com/blog/?p=758#comment-36890 I just wrote an article about this on my blog (and linked it to yours here so people can get more information)! For the longest time, I've been thinking, "why do people get so excited about the Rule of 72? It doesn't seem that useful to me." To me, I don't care so much how long it will take my money to double so much as that I have the amount of money I want by the time I want it. So a financial calculator seems far more useful. I appreciated the real life story of how you used it to help someone, and I really connect with your caring and humor. He's lucky to have you on his side! Keep up the good work. Love & Prosperity, PJ PJ Van Hulle Real Prosperity, Inc. "Who Says Making Money Can't Be Fun?" http://www.cityscoop.us/bayarea-financialeducation I just wrote an article about this on my blog (and linked it to yours here so people can get more information)!

For the longest time, I’ve been thinking, “why do people get so excited about the Rule of 72? It doesn’t seem that useful to me.” To me, I don’t care so much how long it will take my money to double so much as that I have the amount of money I want by the time I want it. So a financial calculator seems far more useful.

I appreciated the real life story of how you used it to help someone, and I really connect with your caring and humor. He’s lucky to have you on his side! Keep up the good work.

Love & Prosperity,

PJ

PJ Van Hulle
Real Prosperity, Inc.
“Who Says Making Money Can’t Be Fun?”
http://www.cityscoop.us/bayarea-financialeducation

]]> By: The Customer-Centric Culture | Master Your Card http://masteryourcard.com/blog/2009/02/03/the-rule-of-72/comment-page-1/#comment-25047 The Customer-Centric Culture | Master Your Card Thu, 26 Feb 2009 15:43:12 +0000 http://masteryourcard.com/blog/?p=758#comment-25047 [...] have a client that has transferred banks with me (I’ve talked about him before in the Rule of 72). Once he needed to deposit a check and wanted to make sure there wouldn’t be a hold placed [...] [...] have a client that has transferred banks with me (I’ve talked about him before in the Rule of 72). Once he needed to deposit a check and wanted to make sure there wouldn’t be a hold placed [...]

]]> By: K-Money http://masteryourcard.com/blog/2009/02/03/the-rule-of-72/comment-page-1/#comment-18267 K-Money Sun, 08 Feb 2009 04:51:46 +0000 http://masteryourcard.com/blog/?p=758#comment-18267 I have never heard of this before, this is neat! Since part of the point of long term saving is planning for the future this is a great tool. Thanks for the post! I have never heard of this before, this is neat! Since part of the point of long term saving is planning for the future this is a great tool. Thanks for the post!

]]> By: Dawn http://masteryourcard.com/blog/2009/02/03/the-rule-of-72/comment-page-1/#comment-17549 Dawn Thu, 05 Feb 2009 20:37:01 +0000 http://masteryourcard.com/blog/?p=758#comment-17549 I had heard of this back in finance classes, but it had been awhile since I've seen it used. This was a great example! I love how you were able to help him out and show him why this was the best way to go, right on paper. I had heard of this back in finance classes, but it had been awhile since I’ve seen it used. This was a great example! I love how you were able to help him out and show him why this was the best way to go, right on paper.

]]> By: Jonathan http://masteryourcard.com/blog/2009/02/03/the-rule-of-72/comment-page-1/#comment-17029 Jonathan Wed, 04 Feb 2009 05:11:53 +0000 http://masteryourcard.com/blog/?p=758#comment-17029 I've never even heard of this! Awesome... I’ve never even heard of this! Awesome…

]]> By: Fabulously Broke http://masteryourcard.com/blog/2009/02/03/the-rule-of-72/comment-page-1/#comment-16962 Fabulously Broke Wed, 04 Feb 2009 00:21:27 +0000 http://masteryourcard.com/blog/?p=758#comment-16962 Love the rule of 72. Super easy to use as a quick calculation. Am linking to this <b><a href="http://fabulouslybrokeinthecity.blogspot.com" rel="nofollow">Fabulously Broke in the City</a> "<i>Just a girl trying to find a balance between being a Shopaholic and a Saver.</i>"</b> Love the rule of 72. Super easy to use as a quick calculation.

Am linking to this

Fabulously Broke in the City
“Just a girl trying to find a balance between being a Shopaholic and a Saver.“

]]> By: Joseph @ Debit versus Credit http://masteryourcard.com/blog/2009/02/03/the-rule-of-72/comment-page-1/#comment-16916 Joseph @ Debit versus Credit Tue, 03 Feb 2009 21:10:35 +0000 http://masteryourcard.com/blog/?p=758#comment-16916 Great post! Glad to see that you get some use out of this rule in your daily life! Great post! Glad to see that you get some use out of this rule in your daily life!

]]> By: MoneyMateKate http://masteryourcard.com/blog/2009/02/03/the-rule-of-72/comment-page-1/#comment-16894 MoneyMateKate Tue, 03 Feb 2009 19:59:28 +0000 http://masteryourcard.com/blog/?p=758#comment-16894 I thought the "Rule of 72" was pretty well known until I was having a social conversation with someone in the financial industry, and somehow mentioned this concept - he seemed surprised! I don't think it's because he mistook me for a dunce...I think I mistook the rule as common knowledge. It's darn useful, isn't it! I thought the “Rule of 72″ was pretty well known until I was having a social conversation with someone in the financial industry, and somehow mentioned this concept – he seemed surprised! I don’t think it’s because he mistook me for a dunce…I think I mistook the rule as common knowledge. It’s darn useful, isn’t it!

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