The Rule of 72 is a shortcut or rule of thumb used to estimate the number of years required to double your money at a given annual rate of return and vice versa.

The world of finance can seem boring to many people, and it's true that the thought of accounting rules, tax laws, valuation formulas, and inventory management systems might put you to sleep. But ...

You might have heard people use the term compound interest, but if you can’t answer the question “What is compound interest?” then you’re missing out on how compound interest affects your finances.