Learn what compound interest is, how it’s calculated—from annual rates to continuous compounding—and why it’s powerful for savings (and dangerous for debt).

CNBC Select defines compound interest, how it works and ways to take advantage of it if you're looking for a new credit card or somewhere to stash your cash.

If you’re an investor looking to understand the benefits of compound interest, consider the example set by the legendary Warren Buffett. The 93-year-old’s net worth has grown to $137 billion over the ...

On the surface, an interest rate is just a number. How that number applies to debt or equity opens up a world of possibilities. The first consideration is always whether it’s simple interest vs.

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Opening a high-yield savings account is the first step in the process of working through a solid savings strategy. While your income, spending habits and managing your finances will ultimately drive ...

Your savings is a crucial part of your financial plan. A healthy savings account helps you cover unexpected expenses, pay for large purchases and achieve your financial goals without straining your ...

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Interest rates affect many of Americans’ financial moves, yet you might not really know how they work. You’re probably most familiar with interest rates as the figure that makes your credit card bills ...

Liliana Hall was a writer for CNET Money covering banking, credit cards and mortgages. Previously, she wrote about personal credit for Bankrate and CreditCards.com. David McMillin writes about credit ...