INSANE Effect of Compound Interest with Real-Life Examples

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  • Post category:Investing

Compound interest is undoubtedly a phenomenon that affects us all. In this post I will show you examples of how compound interest can work in your favor. I thought it’d be best to use our every day expenses here, so that $4 latte you get every morning we’re going to look at that. The $200 cable/internet bill, the $523 car payment, the $2000 mortgage and yes even your $10 entertainment subscription.

Matt

Hi! I'm Matt, an engineer on the path to financial independence and early retirement. One of my greatest passions is to teach and give people the tools and knowledge to reach their full potential in life. Subscribe to the Habesha Finance newsletter and get your FREE financial checklist today!