The Power of Compound Interest

# Financial Literacy Video Script: Compound Interest for Gen Z ---

**Compound interest is literally making money while you sleep.** It's interest calculated on your

initial savings plus all the interest you've already earned. Think of it like a snowball rolling

downhill, getting bigger and bigger automatically. :max_bytes(150000):strip_icc():format(webp)/COMPOUNDINTERESTFINALJPEGcopy-f248781269194135aa6044e088de7af9.jpg) Here's where it

gets wild. Say you're saving for that dream Bali trip or a car. If you save 100

dollars monthly starting at age 20 with a 4% annual return, you'll have over

151,000 dollars by 65. Your twin starts at 50, saves 500 monthly

for 15 years with the same return, and only ends up with 132,000 dollars despite investing