What is Compound Interest A Simple Explanation for Kids and Beginners













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This video answers a basic question What is Compound Interest in a simple, kid-friendly way. • PLEASE SUBSCRIBE (It’s FREE!): http://bit.ly/EasyPeasyFinanceSubscri... • ⬇️ Click SHOW MORE for details ⬇️ • The video addresses the topics below: • What is Compound Interest • Why is Compound Interest important • Detailed Example of Compound Interest • The power of compounding • Does a bank account give Compound Interest • Hope you like the video and stick around for more finance fun! And please let us know your thoughts (or a suggestion for a video) by leaving a comment! • • ⬇️ RELATED VIDEOS ⬇️ • What is Interest Rate:    • What is Interest Rate? A Simple Expla...   • What is a Bank:    • What is a Bank? A Simple Explanation ...   • What is a Savings Account:    • What is a Savings Account? A Simple E...   • • ⬇️ RELATED PLAYLISTS ⬇️ • Interest Rate for Kids - Compound Interest, Fixed Interest, Floating Interest, Etc:    • What is Compound Interest? A Simple E...   • All About Banking for Kids - Bank, Credit Union, Checking Savings Accounts, ATM, Online Bank, ACH Bank Transfer, Etc:    • What is an Investment Bank? A Simple ...   • Key Personal Finance Terms for Kids:    • What are Sectors? Industry vs Sector:...   • Introduction to Finance for Kids - Earning, Saving, Investing, Compound Interest, Inflation, Net Worth, Emergency Fund:    • What is Finance? A Simple Explanation...   • • -------------------------------------------------------------------- • ** Easy Peasy Money ** • A Fun Money Budgeting Book for Kids. The book covers all aspects of money: Earning, Spending, Saving, Investing, Borrowing and Budgeting. • View on Amazon: https://amzn.to/3m6d22z • ** Easy Peasy Investing ** • A Fun Investing Book for Kids. The book covers all aspects of investing: Compounding, Risk-Return, Liquidity, Asset Classes, Diversification, Asset Allocation and Portfolio Rebalancing. • View on Amazon: https://amzn.to/3ZhaVHz • ** Easy Peasy Banking ** • A Fun Banking Book for Kids. The book covers all aspects of banking: Banks, Credit Unions, Checking Savings Accounts, ATMs, Checks, CDs and Online Virtual Banking. • View on Amazon: https://amzn.to/3ZiYyLm • • ---------------------------------------------------- • For more details and transcript, please visit: https://www.easypeasyfinance.com/comp... • • FREE Crash Course in Money Management - Basics of Money and Personal Finance for Kids Beginners: https://www.easypeasyfinance.com/free • • EMAIL: [email protected] • WEBSITE: https://www.easypeasyfinance.com/ • INSTAGRAM: @easypeasyfinancekids   / easypeasyfinancekids   • TWITTER: @easypeasyfinanc • #InterestRate • #Compounding • #Finance101 • #FinanceForKids • #FinanceForBeginners • #EasyPeasyFinance • The links mentioned may be affiliate links: at no additional cost to you, we earn a commission if you click make a purchase. • Credits: • Graphics: https://www.freepik.com/, https://openclipart.org/, http://www5.flamingtext.com/ • Music: http://www.freesfx.co.uk/, http://www.SoundBible.com • -------------------------------------------------------------- • The links here may be affiliate links, meaning at no additional cost to you, we earn a commission if you click through make a purchase. Easy Peasy Finance is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. • ----------------------------------------------- • The information presented in the video and the description is for educational purpose only. The presenter(s) / speaker(s) / Easy Peasy Finance are not financial advisors, and do not provide investment advise. Please consult a qualified financial advisor before making any investment decision.

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