No Debt Plan

No Debt Plan

The Money Value of Time

Posted: 17 Nov 2013 04:30 AM PST

There is a financial principle called the time value of money. Under the time value of money a set amount of currency today is worth more than the same amount of currency at some point in the future. It’s pretty simple. If I gave you the option of $1,000 today or $1,000 in one year [...]

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