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The magic of compound interest: How to explain it to childrenWhen it comes to teaching kids about money, one of the most powerful concepts to introduce is compound interest. Simply put, compound interest is the process where the interest earned on an amount ...
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One of the biggest financial advantages out there is something anyone can access by opening a simple retirement account: compound interest. Retirement accounts such as 401(k)s and Roth IRAs aren't ...
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