Compound interest

Explaining Compound Interest to Your Members: Snowballs and the Eighth Wonder of the World

According to legend, Albert Einstein once said, “Compound interest is the eighth wonder of the world. Whoever understands it, earns it… whoever doesn’t understand it…pays it. Although controversy swirls over whether Einstein actually said or wrote those words, there’s no doubt that compound interest is one of the most powerful – and least understood – […]