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A close-up of hands holding a vintage compass over a notebook filled with investment notes.
A close-up of hands holding a vintage compass over a notebook filled with investment notes.

Time is money—a timeless truth that highlights how valuable time is when growing wealth. The Rule of 72 is a simple and powerful financial shortcut to estimate how long it takes for your money to double at a given interest rate. By dividing 72 by the rate of return (in percentage), you quickly find the approximate number of years needed for doubling your investment. For example, at a 6% annual return, your money will double in about 12 years (72 ÷ 6 = 12). This rule helps investors understand compound growth and the importance of starting early to maximize their wealth.

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