A Ella Le Gustan Mayores (The Gains)

A Ella Le Gustan Mayores (The Gains)

Just like @iambeckyg, we know you want No Drama in love pero you also want mayor gains with your dinero! 😘 That’s where understanding compound interest can help! Simply put, compound interest is interest earned on money, meaning the interest you earn on a balance in a savings or investing account is reinvested, earning you more interest, according to Forbes  💸

Depositing your 🎶 “DOLLAR” 🎶 into a bank account will earn you whatever interest the bank offers on their accounts which will compound over time. 🏦 But other investment options, like index funds, might offer a slightly higher percentage return on your initial investment. Which is why you should shop around for the best choice for you with the best return on your dinero. ✍🏽

The Balance advises that the longer you can keep your money untouched, the better, as compound interest grows exponentially over time. 💰 And just like Becky from the block, even if you have a little, we know you wanna a lot! Porque who doesn’t love major dinero gains?! 💅🏽

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