Monday Money Tip: How Compound Interest Works

In this Monday Money Tip, I share how compound interest works – and how it can be your greatest friend or enemy.

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1 Comment

  1. Rob Orr on July 7, 2014 at 9:59 am

    I love this principle, but how realistic is it to actually find somewhere that’s going to pay 12% on a $100 opening balance? Or to find something that’s consistently stable that would regularly pay this? I love these examples, but think they may be a bit unrealistic. I’m no financial guru, so who knows – I could be completely wrong.

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