Interest rates affect many of Americans’ financial moves, yet you might not really know how they work. You’re probably most familiar with interest rates as the figure that makes your credit card bills ...

Interest rates affect many of Americans’ financial moves, yet you might not really know how they work. You’re probably most familiar with interest rates as the figure that makes your credit card bills ...

While saving money is never a bad idea, investing allows you to earn not only interest on your savings, but compound interest. “Compound interest works by earning interest on the interest already ...

Compound interest can help turbocharge your savings and investments, or it can quickly lead to an unruly balance, keeping you stuck in a cycle of debt. Its magic can help you earn more — or owe more.

Jeanette Mack is here to explain how compound interest can have a dramatic effect on your long-term financial success. Military Times © 2026 ...