Money Management Tip #14

for America Saves Week… and Beyond

Want to double your money? Divide the interest rate being earned on your savings into 72 to determine how long it will take. For example, with a 4% average annual return, $1,000 will double to $2,000 in 18 years. For more information about saving and investing topics from eXtension, the Cooperative Extension electronic information network, see

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