program description: growing money this program is an analysis of the effect of savings for the long term. it demonstrates the effect of interest compounding for monthly, annual, and one-time deposits for any rate of return or deposit amount. parents and guardians should make this information available to there young charges to impress upon them that the earlier and more they start saving money for their future, the less they will have to contribute to their retirement in later years in order to have money available for college education and to meet retirement goals. printouts are professional looking and may be used by financial planners, parents, guardians, and advisors to assist young people in meeting their goals.