Reflect:$$Think about a time in your life when the concept of the time value of money played a role.$$This could be a decision about saving for a future goal,$$taking out a loan,$$or even a simple choice between spending money now or later.

Share:$$Write a brief post describing your experience and how the time value of money influenced your decision$-$making process.$$Did you consider the present value of future costs or benefits?$$How did the interest rate or discount rate factor into your calculations?

Questions:$$Include one or more questions related to your experience.