Compound Interest

Hey everyone! :grinning:

There’s a new post on the blog about compound interest, mostly what it is, and why it can be so important :bar_chart:

https://emma-app.com/blog/2020/07/20/compound-interest/

Is compound interest something you take note of?

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That’s good to know!

I guess if I had an account with a really good rate I might look at it more often?

Do you think anyone would ever include compound interest in any of their budget forecasting?

Haha I can’t promise anything! :wink: But it is interesting to hear what other people think about these things!

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For anyone after a deeper look at the maths, the Khan Academy is a good place to start, though it’s got a US focus.

https://www.khanacademy.org/economics-finance-domain/core-finance/interest-tutorial

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That’s a great resource - thanks for sharing! :+1: