How Does Compound Interest Work For You

how does compound interest work

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Whats good Wealthbuilderz

Today we are talking about Compound Interest

What is it, How Does it Work

And how to make it work for you!!

Lets Go!!





Ok Wealthbuilderz

I know you want to make some money right

You want to invest that money right

and you want to grow that money right



So here's the plan we are going to focus on Compound Interest

and how you can make it work for you.



Now if you don't have money

or want to create income stream to invest

and build compound interest

there is a link in the description you should click on

at the end of this video



Now with all that being said lets talk about Compound interest



1st question what is Compound interest

Its when you save or stack some money and it gains interest through

the bank. Then once that month or year is up

and you haven't taken money out.

You get more interest on your principal balance plus your gains.



Its like if you saved a $1000

and gained a yearly interest of 10% on that $1000 you would make $100

for that year and then the next year it would $110 on top of what you already have.



So inturn your interest will compound.

The way its designed you make more money whenever you add money.

Compound Interest is designed for the long term investor.



This is not the account for money in money out.

This is more like keep stacking cash until your like 65 and need

to have some money to live off of.



There are few accounts you can set up that has good compound interest

My personal favorite is Capital One 360 Account you get a checking and

savings account.



I really like this account because as my money grows

from online marketing I just put it in this account

and let it grow even more with Compound interest.



Its a beautiful thing!

there is a way where you can get paid just from opening

an account with Capital one

Go ahead and watch that video next

Thanks for watching



Do remember if your interested in starting your own

online business then click the first link in the description to get started



If you want to open a bank account with Capital One

and get some compound interest in your life then click the second link

Also there is a blog link in there where I list everything you need

Its yah boy DeVaughn signing off for how does compound interest work



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