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Chanelle Bessette
Lead Writer & Content Strategist
Expertise
Banking•
Bonuses and Promotions
How I Think About Money“Slow, steady, consistent saving makes a big difference in the long run, and I'm a big believer in comparison shopping for the best bank accounts and interest rates. ”
10+Years of Experience
60+Articles Written
8.4M+Readers Reached
Previous experience
Fortune
Forbes
Reno Gazette-Journal
Education
B.A. in Journalism from University of Nevada, Reno
B.A. in English from University of Nevada, Reno
Chanelle Bessette is a personal finance writer at NerdWallet covering Banking, especially Bank Bonuses and Promotions. She previously worked at Fortune, Forbes and the Reno Gazette-Journal. Her expertise has appeared in The New York Times, Vox and Apartment Therapy.
Compound interest can be an important tool to grow your balance, but how does it work? Banking Nerd Chanelle Bessette breaks down what compound interest is and how you can calculate and use it to start saving your money effectively.