Money Minute: How compound interest works for and against you

One of the basics of understanding finances is understanding how compound interest can work for you and against you -- we're breaking it down here.

One of the basics of understanding finances is understanding how compound interest can work for you and against you -- we’re breaking it down here.

Learn more in the video report above.

More reading

From TheDollarStretcher.com: The big difference compound interest can make to small savings

From LetsMakeAPlan.org:


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About the Author:

Rod Meloni is an Emmy Award-winning Business Editor on Local 4 News and a Certified Financial Planner™ Professional.