$0.76 more than we obtained with simple interest. While this may not seem like much, keep in mind that we

were only working with $100 and over a relatively short time period. Compound interest can make a huge

difference with larger sums of money and over longer periods of time.

Obtaining additional education and saving money early in life obviously will not make you rich overnight.

Additional education typically means deferring earning income and living as a student for more years. Saving

money often requires choices like driving an older or less expensive car, living in a smaller apartment or

buying a smaller house, and making other day-to-day sacrifices. For most people, the tradeoffs for achieving

substantial personal wealth will require effort, patience, and sacrifice.

How Capital Markets Transform Financial Flows

Financial capital markets have the power to repackage money as it moves from those who supply financial
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