Because if you have a basic understanding of math and, more importantly, of compound interest, it might change your life. Compound Interest Is Magic: So what, who cares about compound interest? Albert Einstein said it best “Compound Interest is the eighth wonder of the world. Compound interest is basically interest paid on interest. But flip that around and think about how it would feel if you are paying that compound interest.

Source: Forbes February 23, 2017 17:03 UTC