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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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 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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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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Why your retirement plan is fundamentally flawed

The generation of my grandparents have it made basically. They worked hard for 40 years and then they received a nice pension from their retirement plan that they had saved for over the course of those 40 years. How can this plan be flawed at all? Don't all people simply save money to put into their retirement plan and justly receive this money when they retire?

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