{"id":4528,"date":"2024-04-24T11:22:37","date_gmt":"2024-04-24T11:22:37","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?p=4528"},"modified":"2025-03-12T06:06:16","modified_gmt":"2025-03-12T06:06:16","slug":"simple-interest-vs-compound-interest","status":"publish","type":"post","link":"https:\/\/wp-api.pocketful.in\/blog\/simple-interest-vs-compound-interest\/","title":{"rendered":"Simple Interest vs Compound Interest? Definition, Formula, Pros, and Cons Explained"},"content":{"rendered":"\n<p>Understanding the difference between <a href=\"https:\/\/www.pocketful.in\/calculators\/simple-interest-calculator\">Simple and Compound interest<\/a> is essential when making a financial decision. There are two ways to calculate interest when taking a loan or investing. Simple interest accumulates on the principal balance, whereas compound interest accumulates on the principal balance and the accumulated interest. Today\u2019s blog will explain simple and compound interest definitions, formulas, pros, and cons.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/simple-interest-vs-compound-interest\/#Simple_interest\" title=\"Simple interest\">Simple interest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/simple-interest-vs-compound-interest\/#Compound_interest\" title=\"Compound interest\">Compound interest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/simple-interest-vs-compound-interest\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/simple-interest-vs-compound-interest\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-simple-interest\"><span class=\"ez-toc-section\" id=\"Simple_interest\"><\/span>Simple interest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Simple interest (SI) is a fundamental concept in the finance world. It is calculated on the principal amount and does not consider the interest previously accumulated.&nbsp;<\/p>\n\n\n\n<p>It is an easy and direct method of calculating interest and is generally used for short-term loans or investments.&nbsp;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-formula\">Formula<\/h3>\n\n\n\n<p>Simple interest calculates the amount that includes only the principal. The calculation involves the principal amount, interest rate, and duration of the loan or investment. The formula is:<\/p>\n\n\n\n<p><strong>Simple interest (SI) = (P x R x T) \/ 100,<\/strong><\/p>\n\n\n\n<p>Where,&nbsp;<\/p>\n\n\n\n<p>P= Principal amount<\/p>\n\n\n\n<p>R= Rate of interest<\/p>\n\n\n\n<p>T= Time<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-example\">Example<\/h3>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/04\/Banknote-rafiki.png\" alt=\"example of simple interest\" class=\"wp-image-4545\" style=\"aspect-ratio:4\/3;object-fit:cover;width:396px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/04\/Banknote-rafiki-1024x1024.png 1024w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/04\/Banknote-rafiki-300x300.png 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/04\/Banknote-rafiki-150x150.png 150w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/04\/Banknote-rafiki-768x768.png 768w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/04\/Banknote-rafiki-1536x1536.png 1536w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/04\/Banknote-rafiki.png 2000w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Assume that Mr. Khurana invested INR 2,00,000 in a fixed deposit for four years at a 7% simple interest rate p.a. Using the same formula, we can calculate the interest Mr. Khurana will earn from the investment.&nbsp;<\/p>\n\n\n\n<p>By using the formula of Simple interest,&nbsp;<\/p>\n\n\n\n<p>Simple interest= (2,00,000*0.07*4)\/100<\/p>\n\n\n\n<p>Then, SI = Rs 56,000.<\/p>\n\n\n\n<p>At the end of 4 years, Mr Khurana will earn a total of Rs. 56,000 in simple interest.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-pros\">Pros<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Simple interest is easy to understand and implement since it does not provide interest on accumulated interest. Thus keeping the periodical interest constant.&nbsp;<\/li>\n\n\n\n<li>SI allows for transparency to the borrower as the interest payments are easy to calculate and can be understood by all.<\/li>\n\n\n\n<li>SI is very useful in short term investments as compound interest would anyway not be material on short term investments.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-cons\">Cons<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Simple interest leads to slower wealth accumulation, especially for long-term investments.<\/li>\n\n\n\n<li>Simple interest may not be the most efficient option for people seeking high-return investments in the long term.<\/li>\n\n\n\n<li>Simple interest doesn\u2019t allow for the reinvestment of earned interest.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-compound-interest\"><span class=\"ez-toc-section\" id=\"Compound_interest\"><\/span>Compound interest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Compound interest involves calculating interests on both the principal amount and accumulated interest. It works on a snowball effect, causing your money to grow faster over time than Simple interest.<\/p>\n\n\n\n<p>The bank or any financial institution allows for compounding daily, monthly, quarterly, half-yearly, or yearly.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-formula-0\">Formula<\/h3>\n\n\n\n<p>A=P(1+r\/n)^(n*t)<\/p>\n\n\n\n<p>CI = A &#8211; P<\/p>\n\n\n\n<p>Where,<\/p>\n\n\n\n<p>\u201cA\u201d stands for Total Amount,<\/p>\n\n\n\n<p>\u201cP\u201d stands for Principal Amount,<\/p>\n\n\n\n<p>\u201cr\u201d stands for rate of interest,<\/p>\n\n\n\n<p>\u201cn\u201d stands for the times of compounding in 1 period,<\/p>\n\n\n\n<p>\u201cT\u201d stands for the number of periods&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-example-nbsp\">Example&nbsp;<\/h3>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/04\/Currency-amico.png\" alt=\"Example of Compound Interest\" class=\"wp-image-4547\" style=\"width:277px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/04\/Currency-amico-1024x1024.png 1024w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/04\/Currency-amico-300x300.png 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/04\/Currency-amico-150x150.png 150w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/04\/Currency-amico-768x768.png 768w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/04\/Currency-amico-1536x1536.png 1536w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/04\/Currency-amico.png 2000w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Mrs. Chavi invested Rs 10,000 at the rate of 10% p.a. for five years.<\/p>\n\n\n\n<p>Therefore, A = 10,000*(1+(.1\/1))^(1*5)) =&nbsp; 16,105.1&nbsp;<\/p>\n\n\n\n<p>&amp; CI = A &#8211; P = 16,105.1 &#8211; 10,000 = Rs 6,105<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-pros-0\">Pros<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>It allows money to grow exponentially over time, as interest is earned on both the initial principal and the accumulated interest.<\/li>\n\n\n\n<li>Compound interest can maximize your returns by allowing your money to grow multifold over time.<\/li>\n\n\n\n<li>It can lead to substantial wealth accumulation, making it an ideal long-term investment strategy.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-cons-0\">Cons<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>If borrowers are unable to make timely payments or only pay the minimum amount due, compound interest can lead to a debt spiral where the debt grows rapidly, making it increasingly challenging to repay.<\/li>\n\n\n\n<li>Over time, compound interest can increase the total interest paid on a loan. As interest accumulates on both the principal amount and previously accrued interest, borrowers pay more in compound interest than simple interest.<\/li>\n\n\n\n<li>Compound interest calculations can be complex and hard to understand compared to simple interest.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><strong>Read Also:<\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/xirr-vs-cagr\/\"> XIRR Vs CAGR: Investment Return Metrics<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The concepts of simple and compound interest are essential for anyone dealing with investments, loans, and savings. Simple interest provides predictable interest amounts, making it suitable for those who prefer an easy technique, whereas compound interest comes with complexity but can multiply your money quickly. CI is best for long-term investors and has the potential for exponential growth over time. Simple interest is calculated only on the principal amount and does not include interest on interest. In contrast, compound interest includes interest on the total interest as well as on the principal amount.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions-faqs\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\"><strong>What is Simple interest?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">Simple interest is calculated on the principal amount and does not consider the interest previously accumulated.\u00a0<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>Which offers a higher return, Simple or Compound interest?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">Compound interest provides higher returns than Simple interest in the long term due to its ability to provide interest on interest.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>What are Compounding periods in Compounding interest?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">Compounding periods in compound interest refer to the frequency at which interest is added to the principal amount, such as annually, semi-annually, quarterly, monthly, or daily.<\/p><\/ul><\/div>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Understanding the difference between Simple and Compound interest is essential when making a financial decision. There are two ways to calculate interest when taking a loan or investing. Simple interest accumulates on the principal balance, whereas compound interest accumulates on the principal balance and the accumulated interest. Today\u2019s blog will explain simple and compound interest [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":4556,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"is_paper_insight":false,"paper_insight_image":0,"paper_insight_pdf":0,"paper_insight_ppt":0,"footnotes":""},"categories":[18],"tags":[],"class_list":["post-4528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-personal-finance"],"acf":{"freelancer":"Aishwarya Yadav"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Simple Interest vs Compound Interest? Definition, Formula, Pros, and Cons Explained - Pocketful<\/title>\n<meta name=\"description\" content=\"Learn about the Simple Interest and Compound Interest. Understand definitions, formulas, examples,\u00a0pros, and cons.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Simple Interest vs Compound Interest? Definition, Formula, Pros, and Cons Explained\" \/>\n<meta property=\"og:description\" content=\"Learn about the Simple Interest and Compound Interest. Understand definitions, formulas, examples,\u00a0pros, and cons.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wp-api.pocketful.in\/blog\/simple-interest-vs-compound-interest\/\" \/>\n<meta property=\"og:site_name\" content=\"Pocketful\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Pocketful.HQ\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-24T11:22:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-12T06:06:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wp-api.pocketful.in\/blog\/wp-content\/uploads\/2024\/04\/compound-interest-banner-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1497\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Pranit Mathur\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Pocketful_HQ\" \/>\n<meta name=\"twitter:site\" content=\"@Pocketful_HQ\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Pranit Mathur\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Simple Interest vs Compound Interest? Definition, Formula, Pros, and Cons Explained - Pocketful","description":"Learn about the Simple Interest and Compound Interest. Understand definitions, formulas, examples,\u00a0pros, and cons.","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Simple Interest vs Compound Interest? Definition, Formula, Pros, and Cons Explained","og_description":"Learn about the Simple Interest and Compound Interest. Understand definitions, formulas, examples,\u00a0pros, and cons.","og_url":"https:\/\/wp-api.pocketful.in\/blog\/simple-interest-vs-compound-interest\/","og_site_name":"Pocketful","article_publisher":"https:\/\/www.facebook.com\/Pocketful.HQ\/","article_published_time":"2024-04-24T11:22:37+00:00","article_modified_time":"2025-03-12T06:06:16+00:00","og_image":[{"width":1497,"height":1080,"url":"https:\/\/wp-api.pocketful.in\/blog\/wp-content\/uploads\/2024\/04\/compound-interest-banner-2.jpg","type":"image\/jpeg"}],"author":"Pranit Mathur","twitter_card":"summary_large_image","twitter_creator":"@Pocketful_HQ","twitter_site":"@Pocketful_HQ","twitter_misc":{"Written by":"Pranit Mathur","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/wp-api.pocketful.in\/blog\/simple-interest-vs-compound-interest\/#article","isPartOf":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/simple-interest-vs-compound-interest\/"},"author":{"name":"Pranit Mathur","@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/person\/eae423acaf12d8e14ddef6f5508d4ceb"},"headline":"Simple Interest vs Compound Interest? Definition, Formula, Pros, and Cons Explained","datePublished":"2024-04-24T11:22:37+00:00","dateModified":"2025-03-12T06:06:16+00:00","mainEntityOfPage":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/simple-interest-vs-compound-interest\/"},"wordCount":707,"publisher":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#organization"},"articleSection":["Personal Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/wp-api.pocketful.in\/blog\/simple-interest-vs-compound-interest\/","url":"https:\/\/wp-api.pocketful.in\/blog\/simple-interest-vs-compound-interest\/","name":"Simple Interest vs Compound Interest? Definition, Formula, Pros, and Cons Explained - Pocketful","isPartOf":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#website"},"datePublished":"2024-04-24T11:22:37+00:00","dateModified":"2025-03-12T06:06:16+00:00","description":"Learn about the Simple Interest and Compound Interest. Understand definitions, formulas, examples,\u00a0pros, and cons.","breadcrumb":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/simple-interest-vs-compound-interest\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wp-api.pocketful.in\/blog\/simple-interest-vs-compound-interest\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/wp-api.pocketful.in\/blog\/simple-interest-vs-compound-interest\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog Home","item":"https:\/\/wp-api.pocketful.in\/blog\/"},{"@type":"ListItem","position":2,"name":"Simple Interest vs Compound Interest? Definition, Formula, Pros, and Cons Explained"}]},{"@type":"WebSite","@id":"https:\/\/wp-api.pocketful.in\/blog\/#website","url":"https:\/\/wp-api.pocketful.in\/blog\/","name":"Pocketful blog","description":"Learn Stock market trading, investing &amp; more","publisher":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wp-api.pocketful.in\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wp-api.pocketful.in\/blog\/#organization","name":"Pocketful","alternateName":"Pocketful Broker","url":"https:\/\/wp-api.pocketful.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/08\/Logo_Final-01-1-3-1.png","contentUrl":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/08\/Logo_Final-01-1-3-1.png","width":150,"height":26,"caption":"Pocketful"},"image":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Pocketful.HQ\/","https:\/\/twitter.com\/Pocketful_HQ","https:\/\/www.linkedin.com\/company\/pocketfulofprofits\/","https:\/\/www.instagram.com\/pocketful.official\/"]},{"@type":"Person","@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/person\/eae423acaf12d8e14ddef6f5508d4ceb","name":"Pranit Mathur","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e813f91983732e867d24af7a8fc6fc7ad512653879c1a937e72453158bd07bde?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e813f91983732e867d24af7a8fc6fc7ad512653879c1a937e72453158bd07bde?s=96&d=mm&r=g","caption":"Pranit Mathur"}}]}},"associated_menu_id":"12","article_history_entries":[{"type":"Edit","author":{"id":7,"name":"Pocketful Team","url":"pocketful"},"content":"Post created","date":"2024-04-24 11:22:37","id":"ah_671798270a20c7.72077660"},{"type":"Update","author":{"id":11,"name":"Nisha","url":"nisha"},"content":"FAQs Formatting","date":"2025-03-12 06:06:17","id":"ah_67d124598647b4.19668375"}],"is_paper_insight":false,"image_url_featured":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/04\/compound-interest-banner-2.jpg","_links":{"self":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/posts\/4528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/comments?post=4528"}],"version-history":[{"count":0,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/posts\/4528\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/media\/4556"}],"wp:attachment":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/media?parent=4528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/categories?post=4528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/tags?post=4528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}