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!
Continue reading...Wednesday, March 3, 2010
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.
Continue reading...Monday, January 25, 2010
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.
Continue reading...Saturday, January 23, 2010
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!
Continue reading...Tuesday, January 5, 2010
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.
Continue reading...Tuesday, December 29, 2009
Every year at the end of December, I sit down and go through my agenda of the last year. I revisit all the events that have taken place, because while they were happening, time seemed to fly by without slowing down. In all fairness, time seems to go by faster and faster these days. Reflecting back on the achievements of a year slows time down again. It is a great technique. Please note that I am not one to boast. The reason I am reflecting is because I need to feel good, but I don't. I don't think that I have achieved much, if anything. Every day I think about where I want to go, instead of accepting that where I am is actually the best place to be!
Continue reading...Sunday, December 13, 2009
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!
Continue reading...Tuesday, December 1, 2009
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.
Continue reading...Sunday, November 29, 2009
In one of my previous posts I talked about what being smart reall is all about. I discussed how being rational is important and I explained what rational thinking is. So be sure to read that post first, then watch the video below. This amazing insight is exactly what being rational is all about: the ability to distinguish fact from fiction!
Continue reading...Tuesday, November 17, 2009
If you have ever had to negotiate with someone, you have probably experienced the same as I have. We have learned that 50/50 is always a fair deal. I mean, if we do it 50/50 it has to be fair, since we have equally divided whatever it is that needed dividing, right? You've guessed it, the answer is no. It is not always fair to divide things 50/50.
Continue reading...
Monday, March 8, 2010
Leave a comment