What Is Compound Interest?
What Is Compound Interest?
Simply put, compound interest is the interest you earn on your interest. In other words, it's money you earn on the money you've already earned.
Still not convinced about the power of compound interest? In this episode of Money Moves, Marli explains further the power of compound interest, how it can be both good and bad and how you can use compound interest to reach your financial goals! Give it a watch!
What is compound interest? Copper Banking
Copper Banking 2.39K subscribers
Simply put, compound interest is the interest you earn on your interest. In other words, it's money you earn on the money you've already earned.