Money Monday: Compound interest -- a double-edged sword

Compound interest can be a great way to help you grow your money -- but it’s a double-edged sword.

It’s important to construct your finances to ensure that compound interest is always working for you, not against you.

Watch the video above to learn more.

Read more from LetsMakeAPlan.org:

• More on debt management
• 10 best ways for building wealth in today’s economy
• 12 top-notch spending and savings strategies

More: Money Monday section