The Power of Compound Interest
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Compound interest is literally free money that grows on autopilot. Here's what nobody
tells you: when you save money, you earn interest. But then that interest earns interest too.
It's like planting a money tree that keeps sprouting new branches forever. :max_bytes(150000):strip_icc():format(webp)/COMPOUNDINTERESTFINALJPEGcopy-f248781269194135aa6044e088de7af9.jpg)
Let's say you're saving for that Bali trip. You put away 100 dollars monthly
starting at 20. With 4% compound interest, you're not just earning on your
100 bucks. You're earning on your 100 plus last month's interest plus the month before
that. It stacks exponentially. :max_bytes(150000):strip_icc():format(webp)/compoundinterest_final-5c67da5662ba458f8d9d229ab4ca4292.png) The wild part? Someone who starts
saving at 20 with just 100 a month ends up with way more money than their twin who waits
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