You understand the engine!
+100 XP · you see the power of time
a
Alex Academy
L0 · M2 · Compound Interest
📺 Video Lesson · Module 0.2
Compound Interest — The Engine of Wealth
⏱ 3:50 min · 24 scenes · click to start
Compound Interest
Alex Academy · Module 0.2
💰
You have €100
Not a lot.
But what about 20 years?
?
The number might surprise you.
At 10% annual return
Year 1
€100 €110
That's easy.
Easy
After 2 years though...
Expected
120
You get
121
One euro more
just
+€1
Why?
This is the key
Interest on interest
From year one.
Compound Interest
The Engine
of wealth.
Year by year
Yr. 0€100
Yr. 1€110
Yr. 2€121
Yr. 3€133
Yr. 4€146
After 10 years
€259
Your money doubled. Without doing anything.
And after
30 years?
?
After 30 years
1,745
€ · from €100
0yr 10yr 20yr 30yr
Exponential growth
17×
more. In action.
The Rule of 72
In how many years do you double?
72
÷
7%
=
10yr
Every 10 years — doubling.
And if every month
€100/month
into an index fund?
30 years · 7% annually
0 EUR
from €36,000 invested · over €86,000 pure interest
Albert Einstein · 1955
"
Compound interest is the eighth wonder of the world
Earns.
He who doesn't —
Pays.
The power of starting early
Start at 35
€500k
at retirement
Start at 25
€1M
at retirement
The cost of delay
−€500k
· 10 years of delay
Remember 3 numbers
10yr
Horizon
7%
Return
€100
Per month
Is it working for you? Next: Emergency Fund.
a
Alex Academy
Personal Finance · L0 · Module 2
This is the engine.
Now you understand it.
Voices · ElevenLabs · George
0:00 / 3:50
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