← All Neontra Newsletter Issue #092 091 →
Estimated reading time: 6 minutes
Have you heard of the Rule of 72? It’s a quick way to see how fast your money can double. Just divide 72 by your expected interest rate, and you'll know how many years it will take. This simple formula can help you make smarter financial choices!
The Rule Of 72 Chart For Investing →The Rule of 72 is a simple way to estimate how long it takes for an investment to double. By dividing 72 by the annual rate of return, investors can find an approximate time frame. This method is most accurate with low interest rates. For a more precise calculation that includes compound interest, the Rule of 69.3 can be used.
The Rule of 72: Definition, Usefulness, and How to Use It →Frugal living discussions often talk about pinching pennies or “stretching a dollar.” A penny saved is a penny earned, or so the saying goes, but is that actually the case?
The Upside of Frugality →Bitcoin surged to all-time highs, gold saw its best performance in 14 years, and the U.S. dollar rallied thanks to a strong U.S. economy. Meanwhile, the S&P 500 saw its best two-year run in over 25 years. On the flip side, bonds experienced lackluster performance amid reflationary concerns. This graphic shows major asset class returns in 2024, based on data from TradingView.
Bitcoin and Gold Outperform in 2024 →3 Things To Start Doing To Be More Frugal in 2025 by Cindy Lamothe
Here are experts who share top recommended ways to help you get started in your 2025 journey to frugalness →1) Define your goals and develop a plan to achieve them 2) Start saving and investing as early as possible 3) Debt and other obligations can significantly impact your ability to achieve your goals 4) Saving and investing provides options for an uncertain future 5) Happiness is not based on your net worth
Being a successful investor is not about finding the best ETF. It is about integrating your investment strategy and approach with your life to form a symbiotic relationship →Gen Z has unique mindset, approach to financial wellness by Karen Bennett
Among Gen Z members, 47 percent say that money has a negative impact on their mental health →Listen to our Neontrack playlist when you have music and money on your mind.