This is an excerpt from Dollar Scholar, the Money newsletter where managing editor Julia Glum teaches you the modern money lessons you NEED to know. Don’t miss the ...

This is an excerpt from Dollar Scholar, the Money newsletter where managing editor Julia Glum teaches you the modern money lessons you NEED to know. Don’t miss the ...

There's a well-known saying that compound interest is the “eighth wonder of the world.” While the quote’s origins are debated ...

Einstein allegedly called compound interest the eighth wonder of the world. Benjamin Franklin defined it more poetically: “Money makes money. And the money that money makes, makes money.” Here’s ...

Compound interest occurs when the interest you earn on investments begins to earn interest on itself. Time is the biggest factor in how well compound interest works. An S&P 500 ETF can be the go-to ...