What is Compound Interest? A Simple Explanation for Kids and Beginners

This video answers a basic question "What is Compound Interest" in a simple, kid-friendly way.
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The video addresses the topics below:
- What is Compound Interest
- Why is Compound Interest important
- Detailed Example of Compound Interest
- The power of compounding
- Does a bank account give Compound Interest
Hope you like the video and stick around for more finance fun! And please let us know your thoughts (or a suggestion for a video) by leaving a comment!
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The information presented in the video and the description is for educational purpose only. The presenter(s) / speaker(s) / Easy Peasy Finance are not financial advisors, and do not provide investment advise. Please consult a qualified financial advisor before making any investment decision.