Compound interest can help turbocharge your savings and investments, or it can quickly lead to an unruly balance, keeping you stuck in a cycle of debt. Its magic can help you earn more — or owe more.

The best compound interest accounts perform the wonderful trick of earning money on your money. This is especially useful in today’s high-rate environment, and for anyone who tried to save over the ...

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While saving money is never a bad idea, investing allows you to earn not only interest on your savings, but compound interest. “Compound interest works by earning interest on the interest already ...