Personal Finance
Better Finances for a Better You
Topic: "Compounding Frequency"
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Word of the week
Compounding Frequency
The frequency at which the accrued interest is paid out is known as the compounding frequency. Annually, semi-annually, quarterly, monthly, weekly, daily, or constantly (or not at all, until maturity) might be the frequency.
Discover the magic of compounding and why it's important to increasing wealth →Infographic of the week
Visualizing the extraordinary power of compound interest by the Visualcapitalist
The power of compound interest is so compelling, that it’s been often called the “eighth wonder of the world”. Find out why this concept is so fundamental to personal finance in the following infographic:
The power of compound interest →← Curating the web to find the most interesting and helpful information about your money.