6/18/24

Compound Interest

Today, we're going to learn about something magical in the world of money – compound interest. Imagine you have a magical plant that grows money instead of leaves. Every year, it not only grows new money but also grows more plants! Let's find out how it works and why starting early is super important. This video is perfect for kids who want to understand how to make their money grow faster over time. Let's get started!

In this video, you’ll learn:

What is Compound Interest? - Discover how your money can grow over time just like a magical plant that grows more plants.

Why Starting Early is Important - See how planting your money earlier can help you grow a bigger garden of money plants.

Examples of Compound Interest:

Starting at 10 years old: Plant $10 and see how it grows into a big garden by the time you're 20.

Starting at 15 years old: Plant $10 and see the difference in growth by the time you're 20.

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Intro to Investing