Compound Interest. The snowball that keeps growing.
Front
Compound Interest
The snowball that keeps growing
Interest that earns interest, so growth speeds up over time.
Back
Put 1,000 rupees in a 10% account and leave it. In 40 years it becomes 45,259 rupees. You added nothing. Interest earned interest on itself. The curve stays flat for years, then turns steep. Most people quit during the flat part. The reward goes to those who waited.
- The same force works in reverse: credit card debt at 36% interest doubles in about two years.
- Search "compound interest calculator" online and enter your age. The graph tells the whole story.
Quote misattribution: O'Toole, Hemingway Didn't Say That (2017)
Keep exploring
Because you read Compound Interest.
The SIP
Small bets, long game
A fixed amount put into an investment on the same day every month.
The Ponzi Scheme
Returns from nowhere
A fake investment that pays old investors with new investors' money.
The Budget
Three numbers that run your money
A plan made before the spending starts, not after.
Read as a path · 7 cards · 4 min
Understanding MoneyA short journey through the ideas behind everyday money.