A lot has been said about how math has its practical uses. But what really stands out to me was when me and my wife were talking about our long term financial goals with our financial advisor. At that time, our advisor is throwing out acronyms and jargons at us that we have no idea what they are about. Terms like Traditional IRA, ROTH IRA, VUL, 401k, College Plan 529 baffled us. But once he slowly defined those technical mumbo jumbo and said the words “compound interest”, that is when I feel grateful towards my high school math teacher. I can still remember the difference between simple and compound interest and after doing some simple calculations with the formula, I convinced my wife to shell out more money as contribution to our 401K, IRA
