A couple weeks ago, my dad didn’t have any cash on him, so he grabbed $200 out of my wallet. That wasn’t a handout. That was a loan. My parents teach me early that money has value and time matters. So when I lend money, I charge 10 percent. Today my dad paid me back $220. My $200 plus my return. Now here’s the lesson they really want me to understand. That same 10 percent made in just two weeks, if it kept compounding all year, turns $200 into about $2,380. That’s over a 1,000 percent return, ju

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