Money Matters: How Compound Interest Works

Sarah Riegelhuth

Finance Expert

22/01/2016

Finance Expert Sarah Reigelhulth’s says it’s been proven that the human brain struggles to grasp the concept of compound interest, however she says it really isn’t hard if you think about it in terms of earning interest on the interest you’ve gained. Money Matters!

In this handy video, she gives several examples of how compound interest works in your favour with a bank balance growing over the years without you having to do a thing.

‘Please note this content is of a general nature and should be used for informational and educational interest purposes only. Please seek professional advice, in relation to your own personal circumstances, before making any financial decisions.’

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