When it comes to teaching kids about money, one of the most powerful concepts to introduce is compound interest. Simply put, compound interest is the process where the interest earned on an amount of ...

Most children graduate high school knowing how to solve quadratic equations but having no idea how credit cards work, what compound interest means, or how to create a budget. This financial illiteracy ...

The other day, I overheard my daughter explaining compound interest in the most brilliant way. She said, “Your money has money babies. Then those babies have more money babies. And they have more ...