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Glossary entry · Money in motion

Compound interest

Definition

The mechanism by which an investment earns interest on both the original principal and on the interest accumulated in previous periods. Over decades it turns small contributions into surprisingly large balances.

Example

$200/month at 7% becomes ≈$525,000 after 40 years — most of it from interest, not contributions.

From the lessons
Lesson · 01

Compound interest

This term appears in a longer lesson, where the idea gets the proper treatment with examples and a working visualization.

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