If you borrow money, you will usually have to pay back more than you borrow. Steph McGovern explains why both debts and savings keep on getting bigger.

Michael Benninger is the lead editor of banking at Forbes Advisor, with more than 10 years of experience in the personal finance space. His writing has been published by the Los Angeles Times, ...

While stocks are a good investment to compound growth, dividend stocks may be even better. Dividend stocks are a one-two punch, as the underlying asset can keep increasing in value while paying out ...

Interest rates shape everything from your mortgage payment to the return on your savings account. Whether you're borrowing or saving, the rate determines how much money changes hands over time. Rates ...

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. Select will update as changes are made public. Some ...

Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.

When managing your money, compound interest can help you increase your net worth safely. In its simplest terms, compound interest helps money multiply at an accelerated pace. Review this information ...

With more than 15 years of experience crafting content about all aspects of personal finance, Michael Benninger knows how to identify smart moves for your money. His work has been published by Intuit, ...

A business.com editor verified this analysis to ensure it meets our standards for accuracy, expertise and integrity. Business.com earns commissions from some listed providers. Editorial Guidelines.

Compound interest is a form of interest calculated using the principal amount of a deposit or loan plus previously accrued interest. Unlike simple interest, which doesn’t apply to previously accrued ...

Liliana Hall was a writer for CNET Money covering banking, credit cards and mortgages. Previously, she wrote about personal credit for Bankrate and CreditCards.com. David McMillin writes about credit ...