Compounding Explained in a “Not Boring Way”

It sounds like a word they would use on a farm.

As in, “I’ve got some compounding to do down on the back forty so I won’t be able to shuck corn with ya this afternoon”.

In reality, compounding is just one more of those financial terms that many have heard, but few can explain. The first thing you should know about compounding is, obviously, that it is fun to say. The second thing you should know about compounding is that it can be both a force of good and a force of evil in terms of your finances.