In this episode of Money Grows on Trees Podcast your Money Mentor, Lloyd J Ross, teaches us about understanding the power of Compounding interest, after a conversation with one of his students. As well as sharing with us the Rule of 72. Why did Albert Einstein think it was the 8th wonder of the World? How does this help with investing? Why is this like fertilizer you use to grow Your Money Tree? What other lessons are shared in This Episode? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ In his early 20's Lloyd picked up a book called “The Snowball” a comprehensive biography about Warren Buffet, arguably the world’s greatest investor of all time and one of the wealthiest on the planet.  He bought his first stock at age 25… at age 37, Lloyd is now just a breath away from achieving his first major financial goal of $1 million, without ever using debt. He also bought a book called "Rich Dad Poor Dad" and that helped him, his wife and older sister start a side hustle, and now they teach people how to plant their own Money Tree. Join Lloyd on his journey helping everyday people reach their financial goals. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The material in this publication is of the nature of general comment only, and does not represent professional advice. The author does not hold an Australian Financial Services License and is not licensed to provide financial advice. As such, this material is not intended to provide specific guidance for particular circumstances and it should not be relied on as the basis for any decision to take action or not take action on any matter which it covers. Listeners should obtain professional advice where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication.   This podcast is produced by: Phil Better Inc.