CNBC Select defines compound interest, how it works and ways to take advantage of it if you're looking for a new credit card or somewhere to stash your cash.

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.

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 ...

Daniel Amerman calculates the U.S. national debt will grow to $54 trillion in 30 years based on three interest rate hikes this year. Janus Henderson Investors is also worried about the growth of U.S.

Discover the power of compound interest and learn how starting your retirement savings early can have a significant impact on your financial future. Delaying your retirement savings can be a costly ...

So, which would you rather have: a million dollars? Or a checkerboard that has one penny on the first square, two pennies on the second, four pennies on the third and so on, doubling each time through ...