Liliana Hall was a writer for CNET Money covering banking, credit cards and mortgages. Previously, she wrote about personal credit for Bankrate and CreditCards.com. David McMillin writes about credit ...

See how your savings and investment account balances can grow with the magic of compound interest. Many, or all, of the products featured on this page are from our advertising partners who compensate ...

Compound interest is the interest earned not just on your initial investment (the principal) but also on the interest that accumulates over time. In simple terms, it’s “interest on interest.” Think of ...