Lesson #1 with Prof. Annamaria Lusardi: Compound interest 📈

Compound interest is powerful, it’s the law governing the financial markets, it’s what allows us to grow our wealth, and it’s the basis of every financial decision. Think of it as a snowball coming down a mountain — over time, the initial sum grows larger and larger. For more, follow IFDM on LinkedIn: https://www.linkedin.com/showcase/stanford-initiative-for-financial-decision-making/