{"id":1210,"date":"2020-09-20T13:13:44","date_gmt":"2020-09-20T13:13:44","guid":{"rendered":"https:\/\/www.cashvisory.com\/blog\/?p=1210"},"modified":"2021-06-15T09:22:01","modified_gmt":"2021-06-15T09:22:01","slug":"compound-interest-make-this-powerful-force-your-friend","status":"publish","type":"post","link":"https:\/\/www.cashvisory.com\/blog\/compound-interest-make-this-powerful-force-your-friend\/","title":{"rendered":"Compound interest: Make this powerful force your friend"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1210\" class=\"elementor elementor-1210\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3ddfaff elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3ddfaff\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-05c13ef\" data-id=\"05c13ef\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-c54043f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c54043f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-b768c8e\" data-id=\"b768c8e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-42cce22 elementor-widget elementor-widget-text-editor\" data-id=\"42cce22\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">There is a popular saying in finance: <\/span><i><span style=\"font-weight: 400;\">There are only two types of people in this world. Those that earn interest and those that pay interest<\/span><\/i><span style=\"font-weight: 400;\">. Which category do you fall under? Depending on which side of the coin you are on, compound interest can either elevate your life and goals to the next level or be incredibly detrimental to your financial health and adversely impact your quality of life.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1d797f2 elementor-widget elementor-widget-heading\" data-id=\"1d797f2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is compound interest?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-54657a4 elementor-widget elementor-widget-text-editor\" data-id=\"54657a4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Simple interest is the interest calculated on the initial principal amount for a loan or investment. This means that the actual amount of interest earned every period would be the same as long as the interest rate remains the same. In contrast, compound interest is the interest calculated on both the initial principal and the accumulated interest from previous periods. This means that the interest for the following period will always be higher than the previous period, as long as the interest rate remains the same. <\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-c6137b6\" data-id=\"c6137b6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bcaa1c5 elementor-widget elementor-widget-image\" data-id=\"bcaa1c5\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"391\" height=\"351\" src=\"https:\/\/www.cashvisory.com\/blog\/wp-content\/uploads\/2020\/09\/image3-2.png\" class=\"attachment-large size-large wp-image-1212\" alt=\"\" srcset=\"https:\/\/www.cashvisory.com\/blog\/wp-content\/uploads\/2020\/09\/image3-2.png 391w, https:\/\/www.cashvisory.com\/blog\/wp-content\/uploads\/2020\/09\/image3-2-300x269.png 300w\" sizes=\"(max-width: 391px) 100vw, 391px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-413cc34 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"413cc34\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ad46a07\" data-id=\"ad46a07\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4897d74 elementor-widget elementor-widget-heading\" data-id=\"4897d74\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The power of compounding<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6eb317c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6eb317c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3391059\" data-id=\"3391059\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d51b6f1 elementor-widget elementor-widget-text-editor\" data-id=\"d51b6f1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Compound interest is a powerful tool that can increase any initial capital at staggering rates as long as the time period is significant enough.<\/span> <span style=\"font-weight: 400;\">Imagine two friends, Priya and Raj. Priya wanted to start her investment journey early and set aside Rs 50,000 for 10 years, between the ages of 18 to 28, to create a retirement fund. Raj thought 18 is too early to start investing. He wanted to get settled in a stable job before making any such commitments. Hence, Raj started at 28 and continued to invest Rs 50,000 towards his retirement fund all the way till he retired at age 62. Assuming a 12% annual return in both cases, let\u2019s see how both of them fared.<\/span><\/p><ul><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Priya:\u00a0<\/span><ul><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Total amount invested = Rs 5,00,000<\/span><\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Size of retirement fund = Rs 4,63,28,327<\/span><\/li><\/ul><\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Raj:\u00a0<\/span><ul><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Total amount invested = Rs 17,50,000<\/span><\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Total returns received at retirement = Rs 2,15,83,175<\/span><\/li><\/ul><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-84842f5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"84842f5\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a969789\" data-id=\"a969789\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3a3be02 elementor-widget elementor-widget-text-editor\" data-id=\"3a3be02\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">These results are staggering. By waiting for 10 years to start investing, Raj\u2019s retirement funds were <\/span><b>less than half<\/b><span style=\"font-weight: 400;\"> of Priya\u2019s in spite of investing more than <\/span><b>three times<\/b><span style=\"font-weight: 400;\"> what she did. This demonstrates the significant impact of compounding perfectly.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a7b2a66 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a7b2a66\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-eb3760e\" data-id=\"eb3760e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3242ecf elementor-widget elementor-widget-image\" data-id=\"3242ecf\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"764\" height=\"367\" src=\"https:\/\/www.cashvisory.com\/blog\/wp-content\/uploads\/2020\/09\/image1-1.png\" class=\"attachment-large size-large wp-image-1213\" alt=\"\" srcset=\"https:\/\/www.cashvisory.com\/blog\/wp-content\/uploads\/2020\/09\/image1-1.png 764w, https:\/\/www.cashvisory.com\/blog\/wp-content\/uploads\/2020\/09\/image1-1-300x144.png 300w\" sizes=\"(max-width: 764px) 100vw, 764px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7730ba9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7730ba9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-24d631e\" data-id=\"24d631e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8feaf9b elementor-widget elementor-widget-heading\" data-id=\"8feaf9b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Friend or foe?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-dd476d8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"dd476d8\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9fc0fbb\" data-id=\"9fc0fbb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a02c6fc elementor-widget elementor-widget-text-editor\" data-id=\"a02c6fc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">As evident in the example above, compound interest can be a great friend when it comes to growing wealth. However, there are situations when it can be an equally dangerous foe. Some of these are:<\/span><\/p><ul><li style=\"font-weight: 400;\"><b>Inflation and rising costs of living<\/b><span style=\"font-weight: 400;\">: If you ask your parents or grandparents, they will testify that it always seems like the rate of increase in expenses is always going up. Their perception would not be far from the truth. This is because inflation has a compounding effect on the cost of living per annum, worsening the skyrocketing costs. This is why you need to make sure that you <\/span><a href=\"https:\/\/www.cashvisory.com\/blog\/how-to-protect-your-savings-from-the-impact-of-inflation\/\"><span style=\"font-weight: 400;\">invest to beat inflation<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li><li style=\"font-weight: 400;\"><b style=\"font-style: inherit;\">Crumbling under the debt burden<\/b><span style=\"font-size: 15px; font-weight: 400;\">: If you overburden yourself with <\/span><a style=\"font-size: 15px; background-color: #ffffff;\" href=\"https:\/\/www.cashvisory.com\/blog\/loans-how-much-is-too-much\/\"><span style=\"font-weight: 400;\">too many loans<\/span><\/a><span style=\"font-size: 15px; font-weight: 400;\"> and fall into a situation where you miss your loan repayments, you are setting yourself up for disaster. Compounding works against you in this case, further worsening the problem. As such, it is critical to keep paying down your principal and interest regularly and try not to miss out on your EMI payments.<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cf31c7d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cf31c7d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5ae2fa7\" data-id=\"5ae2fa7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-193a891 elementor-widget elementor-widget-text-editor\" data-id=\"193a891\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The goal is to make sure you always keep the power of compounding on your side and take adequate measures to mitigate or avoid the above situations. Figuratively speaking, you want to be the person that earns interest and not the person that pays interest (unless it is <\/span><a href=\"https:\/\/www.cashvisory.com\/blog\/debt-the-good-the-bad-and-the-grey-in-between\/\"><span style=\"font-weight: 400;\">good debt<\/span><\/a><span style=\"font-weight: 400;\"> and helps you achieve your goals).<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-db7cd36 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"db7cd36\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-287642d\" data-id=\"287642d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6c6f833 elementor-widget elementor-widget-image\" data-id=\"6c6f833\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"672\" height=\"390\" src=\"https:\/\/www.cashvisory.com\/blog\/wp-content\/uploads\/2020\/09\/image2-1.png\" class=\"attachment-large size-large wp-image-1214\" alt=\"\" srcset=\"https:\/\/www.cashvisory.com\/blog\/wp-content\/uploads\/2020\/09\/image2-1.png 672w, https:\/\/www.cashvisory.com\/blog\/wp-content\/uploads\/2020\/09\/image2-1-300x174.png 300w\" sizes=\"(max-width: 672px) 100vw, 672px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-647c18c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"647c18c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3e47d88\" data-id=\"3e47d88\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7ea0ae4 elementor-widget elementor-widget-heading\" data-id=\"7ea0ae4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Bottom Line<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-12b1152 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"12b1152\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-038e6f5\" data-id=\"038e6f5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f47dbbc elementor-widget elementor-widget-text-editor\" data-id=\"f47dbbc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Compound interest was called the \u201c8th wonder of the world\u201d and \u201cman\u2019s greatest invention\u201d by Albert Einstein and for good reason. Focus on ensuring that you leverage the compounding effect to work for you rather than against you. The simplest way to do that is to invest in a diversified portfolio of mutual funds where the interest and dividends are reinvested to capitalise on this effect of compounding. It can become the most important determinant of how much wealth you can accumulate through your working life.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>There is a popular saying in finance: There are only two types of people in this world. Those that earn interest and those that pay interest. Which category do you fall under? Depending on which side of the coin you are on, compound interest can either elevate your life and goals to the next level [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1210","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investments"],"uagb_featured_image_src":{"full":["https:\/\/www.cashvisory.com\/blog\/wp-content\/uploads\/2020\/09\/image3-2.png",391,351,false],"thumbnail":["https:\/\/www.cashvisory.com\/blog\/wp-content\/uploads\/2020\/09\/image3-2-150x150.png",150,150,true],"medium":["https:\/\/www.cashvisory.com\/blog\/wp-content\/uploads\/2020\/09\/image3-2-300x269.png",300,269,true],"medium_large":["https:\/\/www.cashvisory.com\/blog\/wp-content\/uploads\/2020\/09\/image3-2.png",391,351,false],"large":["https:\/\/www.cashvisory.com\/blog\/wp-content\/uploads\/2020\/09\/image3-2.png",391,351,false],"1536x1536":["https:\/\/www.cashvisory.com\/blog\/wp-content\/uploads\/2020\/09\/image3-2.png",391,351,false],"2048x2048":["https:\/\/www.cashvisory.com\/blog\/wp-content\/uploads\/2020\/09\/image3-2.png",391,351,false]},"uagb_author_info":{"display_name":"Admin","author_link":"https:\/\/www.cashvisory.com\/blog\/author\/admin\/"},"uagb_comment_info":3,"uagb_excerpt":"There is a popular saying in finance: There are only two types of people in this world. Those that earn interest and those that pay interest. Which category do you fall under? Depending on which side of the coin you are on, compound interest can either elevate your life and goals to the next level&hellip;","_links":{"self":[{"href":"https:\/\/www.cashvisory.com\/blog\/wp-json\/wp\/v2\/posts\/1210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cashvisory.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cashvisory.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cashvisory.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cashvisory.com\/blog\/wp-json\/wp\/v2\/comments?post=1210"}],"version-history":[{"count":4,"href":"https:\/\/www.cashvisory.com\/blog\/wp-json\/wp\/v2\/posts\/1210\/revisions"}],"predecessor-version":[{"id":1228,"href":"https:\/\/www.cashvisory.com\/blog\/wp-json\/wp\/v2\/posts\/1210\/revisions\/1228"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cashvisory.com\/blog\/wp-json\/wp\/v2\/media\/1212"}],"wp:attachment":[{"href":"https:\/\/www.cashvisory.com\/blog\/wp-json\/wp\/v2\/media?parent=1210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cashvisory.com\/blog\/wp-json\/wp\/v2\/categories?post=1210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cashvisory.com\/blog\/wp-json\/wp\/v2\/tags?post=1210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}