A Fable: Pennies a Day and the Power of Compounding

There was a man of significant wealth and the father of seven children – six sons and a daughter. He resolved to teach them an important financial principle. On New Year’s Day, the first of January, he made this offer to each of his children. They could chose a gift of: A million dollars today … Continue reading A Fable: Pennies a Day and the Power of Compounding