Age of Awareness
Published in

Age of Awareness

What compounding interest taught me about building wealth?

Growing up I had a rough idea of compounding interest. You basically earn interest on your previously earned interest and principal invested. But only when I calculated the amount did I realise compounding is so important because the effects can be astronomical.

You can either allow compounding interest to work for you in receiving interest on investments & funds…




Stories providing creative, innovative, and sustainable changes to the ways we learn | Tune in at | Connecting 500k+ monthly readers with 1,200+ authors

Recommended from Medium

Life Hacks For Entrepreneurs, Part 4

10 Successful Investment Quotes by Warren Buffett.

How the Federal Funds Rate Impacts Consumer Interest Rates

How To Make Money Online? 3 Levels

Parent PLUS Loan Repayment Guide

Predicting Economic Collapse Has Become a Cottage Industry

Young man wearing a tinfoil hat.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Marcus Tan

Marcus Tan

Entrepreneur, Youtuber, Fencer

More from Medium

More Often Than Not, It Takes Money to Make Money

Which Do You Value More: Time or Money?

What Rising Prices Are Doing to Our Finances?

How To Stop Living Paycheck To Paycheck In 2022