Saving and Investing
The concepts behind savings that grow, explained with examples and the Italian rules.
What is compound interest: the formula, examples and how Italy taxes it
Compound interest is interest that earns interest on what has already accrued. The formula, a worked example and how it is taxed in Italy (26% and 12.5%).
6 min readSimple versus compound interest: the difference, with numbers
How simple and compound interest differ, and when each applies in Italy. How far the results drift apart at 5, 20 and 30 years, with a worked example.
3 min read
The content is educational and does not constitute financial advice.