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 ...

The path to wealth often lies not in grand financial gestures, but in understanding and harnessing simple mathematical principles. Compound interest stands as one of the most potent wealth-building ...

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 ...

You’ve heard about it often enough, most likely when choosing a 401(k) investment, but compound interest can multiply your money. The name of the game with compound interest is time, and the more of ...