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.

Financial literacy is often overlooked when preparing young adults like college graduates for the real world, yet it is one of the most valuable tools you, as a parent, can equip them with. As they ...

Depositing money to a savings account can help you prepare for rainy days. You could also grow your money if you’re earning compound interest on your balance. One thing to consider when comparing ...

School can teach us a lot of things, like how to write and convey our thoughts clearly, or how to ask where the bathroom is in Spanish. —u/bonetugsandharmony8 —u/Series-Party —u/Inevitable-Bed-8192 —u ...

RBC Royal Bank is sending refunds of $25 million to 250,000 of its GIC clients because the corporation confused simple with compound interest. Nearly one-third of the bank's customers will receive ...

We all know that investing is so important to help us reach financial freedom and plan for retirement. So as Canadians, we are lucky to have tools that can help us reach our goals quicker. Having ...