You've probably heard the phrase: "Time is money".
It's been repeated so many times that people often brush it asides as yet another quote-filled method to sell you something.
Time is money! -> Buy insurance now!
Time is money1 -> Buy this product to help you save time(implications of saving money)
But few if ever anyone, emphasises how time grows money.
And almost nobody makes the connection between growing your money, and snowballing it so hard retirement seems almost easy.
Well...we do. And you’ll learn everything about it here, now!
Compound Interest refers to the interest calculated on the sum of the initial principal and the accumulated interest.
It is also referred to as ‘interest on interest’ or ‘future value of money’.
Put simply, it's the money you make, based on the money you made.
In short, your money can grow over time due to the interest
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