Chad Seegers, CRPC®
Certified Retirement Planning Counselor
wikiHow's Editorial Process wikiHow partners with over 1000+ experts from a wide range of fields to ensure our content is accurate and based on well-established research and testimony. Content Managers conduct interviews and work closely with each expert to review information, answer reader questions, and add credible advice. Learn more about our editorial process and why millions of readers trust wikiHow.
Co-authored Articles (3)
How to
Calculate Compound Interest
Compound interest is distinct from simple interest in that interest is earned both on the original investment (the principal) and the interest accumulated so far, rather than simply on the principal. Because of this, acc...
How to
Calculate Bank Interest on Savings
While interest earned on savings deposits may sometimes be simple to calculate by multiplying the interest rate by the principle, in most cases it is not quite so easy. For instance many savings accounts quote an annual ...
How to
Invest Small Amounts of Money Wisely
Contrary to popular belief, the stock market is not just for rich people. Investing is one of the best ways for anyone to create wealth and become financially independent. A strategy of investing small amounts continuou...