How Compound Interest Works

This is a simple video on how compound interest works and what it can do for you.
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Compound interest is a big deal and you need to understand how it works as soon as possible. Compound interest can help or hurt you depending if it's being used towards debt or investing. I'll explain everything quickly, so that compound interest makes a little more sense. Enjoy!

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[existential-solutions]

Good illustration, the snowball effect.

[HonestFinance]

Compound interest needs to be understood by everybody!! Thanks for watching :)

[scottscriticalmass]

Honest - Great educational video... You made perfect sense and did a great service to everyone. The earlier you start compounding the better! Some call it math, I call it magic.