Teaching your kids how to establish good financial habits is one of the best gifts you can give them as a parent.

Finances FYI is a weekly series providing straightforward finance tips and best practices to help improve financial literacy. If you have a savings account, you know what interest is. It’s that little ...

Simply put, compound interest means the interest on an investment grows exponentially—rather than linearly—over time. What this means for a retirement account like a 401(k) or Roth IRA is that every ...

Compound interest is a fundamental financial concept that can dramatically impact your savings. Unlike simple interest, which is calculated only on the principal amount, compound interest is ...

You’ve probably heard people talk about compound interest. So what is it? Compound interest is “interest on interest.” It grows on both the principal (the original amount you put in) and the ...

Maths and physics are important, but financial literacy doesn’t need a semester. I could teach the basics in an hour. Once you’ve got the principles, applying them is simply a matter of staying on ...

Savings are vital to securing a stable and secure financial future. A healthy savings account balance can help you weather setbacks like emergency expenses or job loss and achieve your goals without ...

There's a well-known saying that compound interest is the “eighth wonder of the world.” While the quote’s origins are debated, the power of compound interest is undeniable. It can transform modest ...

Young Australians possess something even billionaire Warren Buffett can't buy when it comes to building wealth – but most aren't being taught how to use it, writes finance expert Noel Whittaker. Maths ...