The Power of Compound Interest

# TikTok Video Script Compound interest is literally making money while you sleep.

Think about it: you put $100 into a savings account that earns 5% interest annually.

After one year, you have $105. But here's where it gets wild - in year two,

you earn interest on that $105, not just your original $100. That's $5.25 instead

of $5. Your money is making money. :max_bytes(150000):strip_icc():format(webp)/COMPOUNDINTERESTFINALJPEGcopy-f248781269194135aa6044e088de7af9.jpg) Let's say you're

20 and start saving $100 monthly for that dream Bali trip. With compound interest

at 4%, by 25 you'll have way more than just your $6,000 in deposits. You'll have earned

hundreds extra just from interest stacking on itself. :max_bytes(150000):strip_icc():format(webp)/compoundinterest_final-5c67da5662ba458f8d9d229ab4ca4292.png) But wait,