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Even small amounts of money, when saved regularly, can grow into a large sum—thanks to compound interest. With time, ...

Lora is a freelance contributor to Newsweek’s Vault team, specializing in articles on saving, investing, borrowing and making money. Lora has a master’s degree in library science, and is based in ...

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.

Compound interest is one of the great powers of the financial world. Compound interest can help a 20-year-old become a multimillionaire by retirement age without having to save millions. Whether you ...

Do you have lofty dreams that require building up your savings? You may be saving for a car, vacation, or down payment on a home. Are you taking advantage of compound interest to reach your dreams?

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