The time value of money isn’t a commonly discussed concept but by the end of this episode, you’re going to look at money differently and how your money is spent and invested. 

Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Economics thinking and strategies today!

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Show Notes

  • What’s the time value of money? – 0:51
  • Money in our lives exist in time – 2:03
  • The world of finance and the basic personal financial space – 2:49
  • Time value of money and the passing of time – 4:50
  • Inflation as an aspect of the time value of money – 5:52
  • How Spencer explains time value of money – 7:00
  • Most do not have the financial education about time value of money – 12:30
  • About compound interest – 13:52
  • Bitcoin and cryptocurrency – 16:00
  • Cash value life insurance – 17:16
  • One of the nice things about the Truth Concepts Calculator – 19:43
  • Find out about the personal finances arena with a Truth Concepts Calculator – 22:41

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