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Invest your money and watch it grow!
You've learned the basics of how to save, share, and spend your money. Now it's time to learn how to invest your money so you'll have more in the future! Need help investing your money? Deposit $18.00 in your MileStones account and you'll receive a special bank to help with your investing!
Why $18.00?
When you want to see how long it will take to double your savings, remember the Rule of 72:
Divide 72 by your interest rate to see how many years it will take for your money to double.
So if you're earning 6% interest on your MileStones savings account, how long will it take to double your savings?
72 ÷ 6% interest = 12 years
And as you're saving your money in your special bank, you'll notice it's divided into four quarters (sections).
When you multiply 72 by 0.25, you get 18!
Want to play some online games?
Think you know how to budget money? Play Savings Quest and see how well you are able to handle your money. |