Tag Archives: compound interest

What Is Compound Interest?

compound interest formula

This is the most important concept to understand if you plan to stay debt free forever. And for you to understand exactly how it works, I’ll ask you a question, which you may have heard before: What would you rather have, $1,000,000 in cash right now, or one penny today, two pennies tomorrow, four pennies the next day, eight pennies the

Read more