Maurie Backman is a personal finance writer who covers topics ranging from Social Security to credit cards to mortgages to REITs. She also has an editing background and appears on live podcasts to ...

Compounding is the secret to how the rich get richer. Or, as Benjamin Franklin put it, “Money makes money. And money that makes money, makes money.” Fortunately, you don’t need to start rich to ...

In the era of high inflation of the last two-years, interest (no pun intended) in compound interest has is once again skyrocketing, as households move to hedge against devalued currencies and rising ...

Compound interest is a powerful force for consumers looking to build their savings. It creates a multiplier effect on your money that can help it grow more over time. Knowing how it works and how ...

One of the easiest tools at investors' disposal for building wealth isn't how good they are at stock picking, their knack for flipping houses, or jumping on the latest cryptocurrency trend. Instead, ...

Compound interest can help you build savings or wealth dramatically over time, and it's one of the advantages offered by an Indexed Universal Life (IUL) insurance policy. An IUL provides the dual ...

If you have a savings account, you might want to know how much you’ll earn in interest for parking your cash there. Fortunately, calculating interest on a savings account is not as tough as you might ...

In a recent Wall Street Journal Article, Alex Pollock and I proposed using financial defeasance to unlock the mortgage market. Existing home sales volume has been severely depressed since September ...

Compound interest occurs when the interest you earn on investments begins to earn interest on itself. Time is the biggest factor in how well compound interest works. An S&P 500 ETF can be the go-to ...