The Power of Compound Interest

Compound interest is literally free money growing on top of your money, and most people

have no idea they're missing out on thousands of dollars. Here's the terrifying truth about what

you're losing every single day you wait to start saving. :max_bytes(150000):strip_icc():format(webp)/COMPOUNDINTERESTFINALJPEGcopy-f248781269194135aa6044e088de7af9.jpg) Your money earns

interest, then that interest earns interest, and it snowballs into serious cash.

Start saving just 100 dollars monthly at age 20 with 4 percent interest, and by 65 you'll

have over 151,000 dollars. Your twin starts at 50, saves way more,

5,000 initially plus 500 monthly, but only ends up with 132,000 dollars. :max_bytes(150000):strip_icc():format(webp)/compoundinterest_final-5c67da5662ba458f8d9d229ab4ca4292.png)

That dream vacation or car you want? Compound interest can fund it without you lifting a finger.