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As the great Albert Einstein put it, "Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn't, pays for it."
When we talk about passive investments, there is nothing better than compound interest, since it allows the interest generated on your capital to also work to generate more interest.
On the contrary, when we talk about debt, as with credit cards, it is the most damaging for your finances.
In any case, if you want to improve your finances, it is essential to understand this concept and know how to apply it in your activities.
In this video, I explain in a simple and complete way!
Thank you!
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