Compound Interest Calculator

“Why bother saving when interest rates are so low?”

“1.4% interest is nothing!

“I have so few savings, it’s not worth it!”

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Wrong! Save £10 a month at 10% for a year, you’ll have £120 right?. No! Interest compounds. Pay your interest back into your savings account. Build a habit, and do this month after month. Your savings start to grow!

Compounding is magical. A superlinear superpower. Learn how compounding can increase your net worth exponetionally over the years. From a £500 Emergency Fund to growing your net worth and Mortgage Freedom by 35.

Enter your saving and see:

1. Starting Lump Sum Saving: (£)

2. Monthly Savings: (£/month)

3. Interest Rate (%):

4. Years:

There was an error with your input. Please try values like:

• Lump Sum = 1000
• Monthy Savings Rate = 10
• Interest Rate = 1.4
• Years = 25

Date	Savings	Interest	Total

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