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Compound Interest: Your Money's Best Friend

EPISODE · Feb 20, 2019 · 10 MIN

Compound Interest: Your Money's Best Friend

from Smart Money Insights · host Smart Money Insights

Compound Interest: Interest calculated on the initial principal, which also includes all of the accumulated interest of previous periods of a deposit or loan. – Even the short explanation can be confusing. That's why Wes brings in his colleague Austin to help him breakdown compound interest in terms that we ALL can understand… And it all starts with some nostalgic stories about growing up and learning about finances as a kid.

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Compound Interest: Your Money's Best Friend

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