Compound interest refers to the returns that you earn on interest. The impact of it grows significantly over long time ...

The best compound interest accounts perform the wonderful trick of earning money on your money. This is especially useful in today’s high-rate environment, and for anyone who tried to save over the ...

Einstein allegedly called compound interest the eighth wonder of the world. Benjamin Franklin defined it more poetically: ...

Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and Red Venture's senior editor of content partnerships. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc.

Compound interest can help turbocharge your savings and investments, or it can quickly lead to an unruly balance, keeping you stuck in a cycle of debt. Its magic can help you earn more — or owe more.