Make Compound Interest a Habit With These Three Steps

Compound Interest Calculator

Compounding daily Interest can be your best friend or your worst enemy, depending on which side of the lending you are on. If you are saving up for a big goal, such as a vacation or to pay for college expenses, compounding can help you reach your goals faster. When you borrow money, such as when you use your credit cards, compounding can cost you money. Let’s explore compound interest and how to use a compound daily interest calculator to see how it adds up over time.