Financial freedom isn’t built overnight—it’s the result of smart, consistent decisions. One of the most powerful tools for wealth creation is compound interest, where your money grows exponentially over time. By reinvesting earnings, even small investments can snowball into substantial wealth. Here’s how harnessing compound interest can transform your financial future.
What Is Compound Interest?
Compound interest is the process where your investment earns interest, and that interest then earns more interest. Unlike simple interest, which only grows on the principal amount, compounding accelerates growth by reinvesting returns. For example, a $