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...Thursday, February 11, 2010
Every day we are encountered by reasons. People give a reason for something in order to justify what they are doing. This is very normal behaviour, we all do this. But the reason we give is not the same as our true reason.
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...Wednesday, November 25, 2009
Sometimes I wish I could pause a situation. Then I would take a step back and rewind the tape, and play it again, watching myself in this scene. Why? Because it would give me more insight into other peoples reactions to my actions and the other way around. Well hold on to your seats because there is a technique that allows you to do exactly this, and more! What's more, this technique has been around for ages, dating as far back as the Roman Empire! You just haven't been in the loop of the select few people who know and practice these secret techniques. I used to be very skeptical about these sort of things. How can you transcend yourself and look at a situation from the outside looking in, instead of the inside looking out; how can you see yourself in the third person!? I can honestly tell you that once you have experienced these techniques, you will be a complete believer. In a recent session I was at we also had someone who didn't believe it and thought it too spiritual, but only a couple of hours later he was completely in awe about what he had experienced. And this happens all the time with people who experience the power of this secret technique!
Continue reading...Friday, November 6, 2009
Is there such a thing as the meaning of life? And if there is, how do you find it? And will you know you've found it when you do? Or will it seem like just another something or other and will you discard it with everything else you discard? Well, there is a meaning of life. And the best part is that it isn't all that hard to find. Actually, there are millions of people who have already discovered the meaning of life. And all it took was a couple of hours of intense looking. Are you ready to discover the meaning of life?
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Monday, March 8, 2010
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