Saving and Investing

If you want to take charge of your financial future, but you are not quite sure where to start, our saving and investing guide can show you the way. Find out all about mutual funds, personal finance, retirement and stock exchanges.

Saving and Investing

What is Compounding Interest?

Compounding interest is a simple, yet powerful concept that can have a positive effect on your savings and investments but a negative effect on your loans. The Balance defines compound interest as “interest earned on money that was previously earned as interest.” It all starts with the concept of simple […]