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Why a Dollar Today Beats a Dollar Tomorrow: The Time Value of Money Explained

Why a Dollar Today Beats a Dollar Tomorrow: The Time Value of Money Explained

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In this episode of Richify Investment Journey, Alex and Taylor break down the Time Value of Money (TVM)—the concept that a dollar today can be worth far more than a dollar in the future. Discover how investing early, staying ahead of inflation, and making strategic choices about debt and retirement accounts can supercharge your wealth. Tune in for real-life stories, easy-to-grasp tips, and a roadmap to make time work in your financial favor!

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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.