With so many financial options it's easy to become overwhelmed and not know where to start. Use the Six Stages of Wealth Creation to identify your best next step to improved financial health.
MoneySmart, the financial literacy website produced by Australian Government regulator ASIC have produced this brief video to explain how compound interest works. Compound interest is an essential base concept to understand before investing. So if you don't understand it then I recommend you spend one minute watching this video. Then please share in the comments … Continue reading How compound interest works