Financially Simple

In episode 72 of Financially Simple, Justin takes a look at Time Value Money and why it's an important concept to understand as a business owner. The value of money changes from one moment to the next, as it is affected by many various factors. Justin explains what Time Value Money is, what influences it, why it's important, and how it can be used. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening!   TIME INDEX: 00:33 - Understanding Time Value Money and Why It Is the Key to High-Value Companies 02:41 - What is Time Value Money? 04:16 - Interest 05:45 - Default Risk 07:01 - Inflation 07:55 - Why is it important? 09:05 - Types of Returns 12:01 - Finance Measurements 14:39 - Using TVM for Business Planning 15:15 - Summary   USEFUL LINKS: Financially Simple Financially Simple on YouTube Financially Simple on Facebook Financially Simple on Twitter Time Value Money _________ BIO: Justin A. Goodbread, CFP®, CEPA, CVGA, is a nationally recognized financial planner,