Jesse Meijers

The 8th Wonder of the World – Compound Interest

When you put money on a savingsaccount you receive interest. Usually banks will give you between 2 and 5 % interest on your hard-earned money. Apart from there being easy ways to make higher interest rates (which we won't go into now), it is imperative that you understand the concept of compound interest. There is not a single other concept that has made more people into millionaires than compound interest!

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Inflation and Recession explained by Paul Krugman

Have you ever heard about those 'good old days' when a cup of coffee was only 25 cents? Or when a beer only cost 50 cents? Then you probably also think that prices have risen dramatically and that we can now buy much less than our parents or grandparents could at our age. But that isn't the case, because prices rising is in fact a consequence of inflation. So what is this phenomenon exactly, and how does it influence the economy? Let's examine a fantastic explanation of inflation and recession by Paul Krugman.

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Creating Wealth – Robert G. Allen

I recently finished Robert G. Allen's book 'Creating Wealth'. This book is simply amazing for people seeking to build wealth and find financial freedom. Robert Allen is a true specialist and gives fantastic advice. Whether you have made your first million already or are just starting out on your road to financial wealth and freedom, this book is a must.

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The millionaire minute

There is something that all rich people do but most others do not do. It is a distinction in their personalities which leads them to accumulate more money than other people do. This article will tell you what it is. And best of all, it is so easy to do that anyone can do it!

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December 2009

Here is another monthly report. I'm happy to see that the line is picking up, hopefully to stay around a higher level for a longer period of time. The most apparant reason for the line to be higher is my health; I have recovered from my back injury. And since health is the second most important factor in the wealth formula, it has a very big impact.

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The 4 Hour Work Week – Tim Ferriss

The Four Hour Work Week (4HWW for short) has been a New York Times and Wallstreet Journal bestseller, and isn't doing too shabby worldwide either. This book was recommended to me by a friend when we were working together for a big project of mine. I remember thinking 'well, sounds lame' and actually almost forgetting all about it. But I decided to pick up a copy anyway because he so highly recommended it. Well that turned out to be a total winner of a choice!

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Product Launch: How to Throw Like a Pro!

Today is a historic day. After a lot of hard work filming, editing, designing, setting up a website and more of those creative processes, it is finally here: How to Throw Like a Pro! The definitive source for learning how to throw a frisbee disc, aimed at novice and intermediate ultimate players around the world.

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Everyone can be wealthy

Last week I had a discussion with two of my friends about being rich. They shared the opinion that it is impossible for everyone to be rich. But in my world, as I have experienced and see things, everyone can be wealthy. Distributing wealth is not competitive. There is enough wealth for the entire population of the world, and then ten times that. People just refuse to see how the world really works.

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How automatic or ‘residual’ income works

How do they do it? Those people who have tons of money, yet seem to be working hardly if at all. Their secret is that they have found a source of automatic income. Money flowing in, without spending as much as a minute on making it. But, how is that possible? Surely there is no such thing as getting rich while doing nothing? Think again. And you can do it too.

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Your house is not an asset… nor is anything else you own

If you have ever tried to get a loan from a bank, or have applied for a creditcard, you'll be familiar with the term 'asset'. Simply stated, the bank identifies those things that you own which can be sold for money to be an 'asset'. For the bank, there must be a low risk to the value of these 'assets'. Therefore, the bank thinks your house, car, expensive Armani suit and all the other valuable 'stuff' you have are assets. Your bank is an idiot.

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