About compound interest
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Description
Vocal Characteristics
Language
EnglishVoice Age
Young Adult (18-35)Accents
North American (General)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
Albert Einstein once said compound interest as the eighth wonder of the world. And when one of the smartest people who ever lived, put something in the same category as the great pyramid of Giza, you better pay attention. After all this powerful investing concept could make you millions of dollars over your lifetime. If you used to write, there's also a dark side to compounding interest that could keep you stuck in a cycle of debt if you're not careful. But what exactly is compound interest and how does it work? We've got a lot of ground to cover. So let's jump right in.