• Affinity Group

THE POWER OF COMPOUND INTEREST


 

A KEY TO BUILDING WEALTH


Compound interest is one of the most powerful concepts in personal finance.


HOW DOES IT WORK

When you make an initial investment, your principal starts accruing interest.


As you earn interest, the account balance grows.


Over time, you continue to earn interest on the growing balance.


This leads to the exponential growth of your investments long-term


COMPOUND INTEREST VARIABLES:

Principal - The amount of money initially invested


Interest Rate - How much interest you earn


Compound Period - How frequently interest compounds—daily, monthly, or annually


Time - How long the money is left to compound



 

START TODAY!!!


The earlier you start saving, the more exponential growth can occur. But it’s never too late. You can harness the power of compound interest at any time


Talk to a financial professional about how you can start saving today!! Give us a call at (330)- 526- 8412


 

This is a hypothetical interest rate that is not representative of any specific amount













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