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Math Forum » Discussions » Online Projects » Financial Education Discussion

Topic: What the the most common finanical misunderstandings?
Replies: 11   Last Post: Feb 1, 2011 11:52 AM

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Glenys Martin

Posts: 72
Registered: 8/25/07
Re: What the the most common finanical misunderstandings?
Posted: Jun 27, 2010 11:29 PM
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I believe a common misunderstanding is compounding interest on debt. The loss of future purchasing power due to interest payments on past debt. The reverse is also true in the understanding of building of capital with regular investments.

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