EssentialsApril 2, 20265 min read

The Power of Compound Savings

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Gollak Team

Family Finance Experts

Your money earns money that earns money!

Simple Example

Rs. 1000 at 10% interest:

  • Year 1: Rs. 1100 (earned Rs. 100)
  • Year 2: Rs. 1210 (earned Rs. 110)
  • Year 3: Rs. 1331 (earned Rs. 121)

You earned money on your earnings!

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