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Home on Jonathan Bergknoff · Mar 8, 2024

Compound Interest

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My wife and I recently started paying two of our kids allowance. One of them likes to spend it, while the other likes to save it. I looked into opening a bank account so our saver could earn a return on the money, but it was too complicated. We don’t have any brick-and-mortar banks in walking distance from our house, and an online bank may make deposits and withdrawals tricky. There’s…

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