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Wealth

Guard Your Money, Know The Difference Between Simple and Compound Interest

Understanding the difference between simple interest and compound interest is a very important concept if you are trying to create wealth. Compound interest is like travelling in a rocket while simple interest is like doing the same on a bicycle when you compare the two over time. Let’s look at the following example. Simple Interest Imagine [...]

What Will It Take For You To Be Wealthy? Your Answer May Be Absolutely Wrong!

You, like most others may believe that the key to wealth is a high-paying job. Am I right? You may have often heard people talk about how “if they land that big oil company job, they will be set for life.” While earning more money will certainly make it easier for you to amass assets, [...]

#PNN E-Mentoring (Yoma Victor): 7 Habits of Financially Intelligent People (7)

Continued from here  "Sharpen your Saw" The final habit in our series! Its been a wonderful ride and experience sharing great thoughts on this subject of financially intelligent people. If you have been on this journey, you will no doubt have learnt a whole new way of viewing wealth creation. I have learnt a lot [...]

#PNN E-Mentoring (Yoma Victor): 7 Habits of Financially Intelligent People (6)

Continued from here "Synergize" If you want to be wealthy, this is a habit you cannot take your eyes or mind away from. There is nobody who succeeds amazingly, who did it alone. We all need somebody and somebody needs us. Your ability to partner or align with someone else who shares the same values, [...]