One thing to consider when comparing savings accounts is how frequently interest compounds. … Continue reading → The post Interest Compounded Daily vs. Monthly appeared first on SmartAsset Blog.

Sometimes the simplest things can have the biggest impact. For The New York Times' columnist and author Ron Lieber, a simple compound interest chart published in 1994 by USAA changed his life: The ...

Compound interest is, as Albert Einstein put it, “…the eighth wonder of the world.” Einstein also added, “He who understands it, earns it … he who doesn’t … pays it.” Allowing your money to continue ...