Albert Einstein called compound interest the “eighth wonder of the world.”
Here’s why: when your money earns returns, and those returns earn returns, growth accelerates.
- $10,000 at 7% annual growth doubles in about 10 years.
- Another 10 years? It doubles again.
- Time is the multiplier.
The earlier you start, the more powerful compounding becomes.
Disclaimer: For educational purposes only. Not investment advice.