AUTHOR: SARAH NICHOLSON
How to make time work for your money
IT’S OFTEN said that time is money—and when it comes to your finances, that’s absolutely true.
The principle of the time value of money is simple: money available today is worth more than the same amount in the future, because it has the potential to earn interest or investment returns over time. Understanding this key concept can help you make better spending, borrowing, saving, and investing decisions.
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