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The Ben and Arthur chart is an illustration by personal finance guru, Dave Ramsey. It purportedly shows how important it is to invest early. The Ben and Arthur Chart Explained
Dec 9, 2022 · Visit http://www.daveramsey.com/. Ben and Arthur | Dave Ramsey | Compound Interest | #shorts Dave Ramsey explains wealth building and compound interest. He uses an example of two...
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Mar 14, 2022 · The parable from the Dave Ramsey team about Ben and Arthur is fatally flawed, which is good news for pretty much everyone. Everyone knows that you should start saving for retirement early. And that makes sense. The sooner you start, the sooner you can build up some serious funds.
Jun 19, 2015 · In the blog post How Teens Can Become Millionaires, Ramsey explores the effects of time and compound interest by showing us how Ben, by investing less money earlier in life, will outperform Arthur, who invests more money later on in life. These investments are allowed to grow with a 12% interest rate for 47 years, apparently risk free.
Aug 30, 2015 · Dave Ramsey’s story: Ben and Arthur were friends who grew up together. At age 19, Ben decided to invest $2,000 every year for eight years. He picked investment funds that averaged a 12% interest rate. Then, at age 26, Ben stopped putting money into his investments. That’s right — Ben stopped investing at age 26.
People also ask
How does the Ben and Arthur concept work?
Why should you invest with Ben and Arthur?
Why does Ben earn more interest than Arthur?
What happened to Dave Ramsey's teen millionaire blog post?
Jan 4, 2024 · 242 Views. Dave Ramsey explains wealth building and compound interest. He uses an example of two brothers, Ben and Arthur, and how each of them end up at age 65 based on compound interest and the saving choices they made. Today, we are debt free! Want to learn more? Visit http://www.daveramsey.com/
Mar 11, 2022 · Do a search for "Ben and Arthur". The problem with most versions of this chart is that it uses a high discount rate (14% IIRC), but it is still illustrative. The reality is none of us are either Ben or Arthur. Most have crappy jobs at the start of our career so we have little money to invest.
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Our RamseyTrusted pros give you top-notch service for a wide range of services. Our RamseyTrusted pros serve you well and see that your needs are met.
