I-Team: Saving Even More Money with Compound Interest
FOX 5 Atlanta
Compounding interest. It's not really a big conversation starter but when you hear it called the "8th Wonder of the World," that gets your attention.
It's free money, in a way. You have to put some skin in the game, but time will pad that account nicely, if you just let it do its thing. You commit some money every month, even a little, then years of interest will take care of the rest.
Watch: I-Team: Saving Even More Money with Compound Interest (YouTube)