Financial Intelligence - Compounding (The Ninth Wonder of the World)

Compounding: The Ninth Wonder of the World
By Nicola Cairncross

Compounding is often described as the ninth wonder of the world. It is a concept that initially sounds quite dull, but when you understand how compounding just quietly works its magic - or conversely its naughtiness ? it's a very exciting concept to grasp indeed!

Compounding is the difference between linear and exponential growth, or put more simply, about earning (or incurring) interest on the interest on the interest, generated by your savings (or your debt). On an energy level, it's about making sure that every little bit of effort you expend, works on many different levels to bring a reward greater than the original effort required.

It's a very powerful tool and can be likened to the wind under the wings of a jet. The plane creeps slowly, slowly along the approach runways, then moves into position, then starts down the runway slowly, but as it picks up speed, the power of the engines and the wind lifts its wings and it takes off, climbing very quickly and steeply into the sky.

Compounding can turn just one ? just one - £1 or $1 into a million pounds or dollars within 20 years. If you took £1 or $1 and achieved a 100% return on your money each year (put another way, if you doubled your money each year) then you would most certainly be a millionaire in your lifetime. Imagine if you added another £1 or $1 each year ? how much faster would that get you there?

And if compounding is that powerful when applied annually, how much powerful could it be when applied monthly or even daily?

On a personal finance level, most people ignore the potential of compounding, because the % interest rates we are quoted by the banks, other savings vehicles and financial institutions are so paltry. If you took your pound or dollar and increased it at the usual 3% or 4% per annum, then it would grow so slowly that we might as well not bother saving at all. You would be dead several times over before your personal wealth increased noticeably.

I know I used to feel like that! Why save now, I thought, especially when you are only saving to spend later, and when you can only earn 3-4% per year on your savings? I want to share with you, today, some of the exciting things that I learned about the power of compounding, things made a huge difference to my thinking about money. And changed me from a non-saver to an investor in one fell swoop!

There is a huge difference between saving and investing, and experienced Investors achieve returns on their money between 30% and 100% per annum ? some even manage to achieve an infinity return on their investment, because they are able to pull their own money back out of the deal, which means that they are making money with no money! These are the supermodels of the investment world!

On a personal finance front, even looking at the returns generated by investing in property over the years (12% per annum) and the stockmarket (14% per annum) gets a little more exciting. The compounding effect means that, on average, property doubles in value every 7-10 years ? that's a thrilling thought! How would you plan your property investment differently if you knew that to be true?

There is a great example of the difference in what you can achieve in just two years, if you invest £60,000 (or dollars! I'm going to work in pounds now but the principle is the same!) by buying outright one small rental unit, versus what you would achieve if you invested the same £60,000 in deposits on several small rental units.

At the end of the two years, if you just bought the one unit, and assuming average rates of growth, you would be worth £6384 more than when you started. But if you invested in deposits on several units, you would be £56,304 better off. You choose. That's compounding at work.

On a business level, compounding can work for you too. The difference between what you can earn if you are a solo self-employed person, and what you can earn if you build a business consisting of a team of "you's" is quite amazing.

The compounding effect can also be utilised in your business by automating as many of your business processes as possible. Think of the potential difference between having the services of one marketing person and one sales person (both of whom can only work so many hours in a day, both have to be paid, even when they are on holiday or off sick, so not working) and then consider the possibilities of having an automated marketing machine working 24/7 plus a team of affiliates ? unlimited numbers of independent people who are all being paid a little bit, on sales (results only!) to promote your service or product.

Nicola Cairncross is a specialist Wealth Coach, Hotelier and Internet Entrepreneur, working with bright, entrepreneurial people to enhance their financial intelligence. Visit her website at www.nicolacairncross.com.

If you would like a more detailed copy of the flats investment example in this article, just email [email protected]).

Visit http://www.nicolacairncross.com/free.htm and join the mailing list to enjoy downloading some awesome free resources including a 13 page report on how to create Financially Intelligent Bank Accounts.

In The News:

Financial planners: The best way to build wealth is automatic savings  Business InsiderFinancial planners say automating your savings is the best way to build long-term wealth. Here's how to do it.
How to Make Wealth Building and Job Opportunities More Equitable  Stanford Social Innovation ReviewAlternative economic and social investment models that are properly supported by new public policy and investment could help the United States create more ...
Saving is not the key to building wealth—here's what is, says author of 'I Will Teach You to Be Rich'  CNBCThe typical millennial has about $2,400 socked away in a savings account. But personal finance advisor Ramit Sethi says having savings is not the key to ...
Real Estate: A Source Of Wealth Building In An IRA  ForbesLooking to add real estate as an asset class to your retirement portfolio? You'll face limitations when investing via a traditional IRA custodian. A self-directed IRA ...
Five golden rules of building wealth the ‘S.M.A.R.T’ way  Moneycontrol.comYour portfolio returns need to be consistent with your goals, you can try and set up your portfolio in a manner that it averages a certain percentage of return over ...
1 Wealth-Building Stock to Put in Your RRSP  The Motley Fool CanadaNorthland Power Inc. (TSX:NPI), a renewable energy utility, has growth potential that RRSP investors need to take their retirement savings to the next level.
Zephyr Real Estate-Marin Agents Host 2nd Women Building Wealth in Real Estate Workshop  GlobeNewswireSAN FRANCISCO, March 21, 2019 (GLOBE NEWSWIRE) -- M. J. Koontz and Sandra Luna, investment real estate agents at Zephyr Real Estate in Marin, are ...
Most Millennials Think They'll Be Wealthier Than Their Parents  The Motley FoolMost parents want their children to be better off than they are. It's therefore encouraging to see that 57% of millennials believe they'll be wealthier than their ...
3 Wealth-Building Lessons From One of My Best Calls Ever  Investorplace.comTen years ago, I nailed it. I don't mean to brag, but it was one of the best calls I ever made. The date was Friday, March 6, 2009. I was appearing on television on ...
I tried Betterment, the robo-advisor that made it easy to save money and build wealth | Markets Insider  Business InsiderClick here to learn more about Betterment and sign up for an account.
I'm a financial planner, and my most successful clients taught me 8 strategies crucial for building wealth  Business InsiderEric Roberge, a certified financial planner, said his most successful clients built good habits, grew their income, and learned to manage money.
Increasing income, not cutting expenses, is key to building wealth  Business InsiderSaving money isn't the sole ingredient in building wealth. If you can increase your income, the benefit will be much greater.
There's about to be a new wave of Silicon Valley millionaires. Here's 6 tips from top wealth advisers about ho  Business Insider IndiaShutterstockSilicon Valley is about to see an influx of new cash, with a number of high-profile initial public offerings set for this year. Not everyone's.
WoMoneyKiBaat – Great books on investment and money you must read  SheThePeopleAre you confounded by the plethora of investing options out there? If you are keen on making your money work hard for you, invest smarter and gain financial ...
Best Near-Term Wealth-Building Stock Now: Endo International plc (ENDP)  MONReportWall Street analysts will be watching closely when Endo International plc (NASDAQ:ENDP) reports its quarterly earnings next, which is scheduled for Tue 14 ...
Labour should adopt its members' Green New Deal, but climate change can't be left to politicians  New StatesmanAgainst a backdrop of Brexit uncertainties, Labour members this week launched a grassroots campaign urging the party to adopt a Green New Deal.
From poverty reduction to wealth creation  Jordan TimesFighting poverty tops the list of national priorities and is anything but an easy job. What is to achieve this goal is a new homegrown sustainable model to curb the ...
Best Near-Term Wealth-Building Stock Now: KeyCorp (KEY)  MONReportWall Street analysts will be watching closely when KeyCorp (NYSE:KEY) reports its quarterly earnings next, which is scheduled for Thu 18 Apr (In 29 Days).
8 Powerful Steps to Career Success  ForbesThe primary desire of every professional, be it a writer, artist, actor or dancer, is to be successful in their chosen career field. Success doesn't occur based on ...
Best Near-Term Wealth-Building Stock Now: BP p.l.c. (BP)  MONReportWall Street analysts will be watching closely when BP p.l.c. (NYSE:BP) reports its quarterly earnings next, which is scheduled for Tue 7 May (In 49 Days).
Discreet wealth: 5 status symbols the rich are investing in  Business InsiderDiscreet wealth is the new status symbol — the rich are investing less in material goods and more in immaterial means in five major ways.
Best Near-Term Wealth-Building Stock Now: Tapestry, Inc. (TPR)  MONReportWall Street analysts will be watching closely when Tapestry, Inc. (NYSE:TPR) reports its quarterly earnings next, which is scheduled for Tue 7 May (In 51 Days).
Hawaiian Holdings: Best Near-Term Wealth-Building Stock Now  Seeking AlphaStrong demonstrated odds for profit by over 100 prior Market-Maker price range forecasts like today's. Prior such forecast payoffs in 7-8 weeks at CAGR rates ha.
Inside the effort to ensure women, minorities get a piece of $1 billion Cincinnati construction boom  WCPOWEB Ventures executives say they are bringing women and minorities to the table on jobs that many times leave them out.
Best Near-Term Wealth-Building Stock Now: FuelCell Energy, Inc. (FCEL)  MONReportWall Street analysts will be watching closely when FuelCell Energy, Inc. (NASDAQ:FCEL) reports its quarterly earnings next, which is scheduled for Thu 6 Jun (In ...
Museveni to churches: Teach wealth creation  Daily MonitorThe president pledged to donate a brand new car to Bishop Jackson Thembo Nzerebende to replace the one he gave him in 2009.
My simple 3-step plan to build up a £1 million ISA account  Motley Fool UKEdward Sheldon explains his plan to build up his ISA portfolio to one million pounds.
MONEY THOUGHTS: Scrutinising Your Building Blocks of Wealth  New Straits TimesAre you prepared for eventual retirement or does the prospect fill you with dread? It doesn't need to be scary if you prepare for retirement decades in advance.
Best Near-Term Wealth-Building Stock Now: Chevron Corporation (CVX)  MONReportWall Street analysts will be watching closely when Chevron Corporation (NYSE:CVX) reports its quarterly earnings next, which is scheduled for Fri 26 Apr (In 43 ...
What People Don't Know About Gentrification  Washington MonthlyThe National Community Reinvestment Coalition focuses a lot on gentrification. In December 2016, the NCRC published a report on how communities can ...
Plan B: Never expect this to happen in the Philippines, securing the future with a sovereign wealth fund  gulfnews.comProfessionally-run state wealth funds hold the key to the prosperity, stability of nations.
Why Elite, Dividend-Paying Businesses Are the Ultimate “Wealth Defense”  Yahoo FinanceIf you're like a lot of folks, you're worried about inflation… and the danger it presents for people saving for retirement, or already in retirement.You might also be ...
Best Near-Term Wealth-Building Stock Now: JetBlue Airways Corporation (JBLU)  MONReportWall Street analysts will be watching closely when JetBlue Airways Corporation (NASDAQ:JBLU) reports its quarterly earnings next, which is scheduled for Tue ...
Mubadala sets up tech hub in Abu Dhabi with SoftBank  Financial TimesMubadala, an Abu Dhabi sovereign wealth fund, is building on its relationship with SoftBank to attract some of the world's most valuable start-ups to a new ...
Only Large Policy Interventions Such As Reparations Can Shrink The Racial Wealth Gap  ForbesAs this presidential campaign season gets under way, the racial wealth gap is getting a fair amount of attention. African-Americans typically have about ...
How parents can invest to grow their family's wealth  This is MoneyIn the second of a three-part series This is Money is running in partnership with investing platform Nutmeg, we look at how how to invest once you've bought a ...
Couple Uses Bitcoin Wealth to Build World’s First “Seastead”  newsBTCAn early Bitcoin investor and self-confessed libertarian has built the first “seastead” with his BTC profits. For those who do not know, a seastead is a.
Is the super cap cramping your style?  The Australian Financial ReviewWhile superannuation is still the most tax-efficient retirement savings tool, there are some options for those who reach contribution limits.
Forget the National Lottery and the cash ISA! Here's how you could make a million  Motley Fool UKHere's a well-trodden path towards making a million. Maybe you should get on it!
How Manchester City Council used its procurement spending to build local wealth  Room151A new approach to buying goods and services by Manchester City Council has led to the creation of jobs and wealth within the city, says Matthew Todd.
CommonWealth Magazine  CommonWealth magazineTHE REDEVELOPMENT OF the former Edison power plant has the potential to further revitalize South Boston and should be given the green light to move ...
How to be rich: Check T Boone Pickens mantra for wealth creation - Iconic billionaire reveals what leads t...  Zee BusinessIt takes a team for any successful enterprise. Who could know this better than T Boone Pickens, a Linkedin influencer with seven-decades of experience as a ...
Study: Philly among leaders in gentrification, which has pushed out people of color  Philly.comSeven cities account for nearly half of the gentrification in America — and Philadelphia stands prominently among them, according to a national study released ...
Introducing banking to those who don't  NWAOnlineIt never occurred to me, or to anyone I knew growing up in a middle-class suburb southwest of Cleveland, not to have a bank account.
Powerball Lottery Hits $625 Million: 12 Things Not to Do If You Win!  24/7 Wall St.With the Powerball lottery up to an estimated $625 million, 24/7 Wall St. does not want to see anyone go broke. That's why we have created a self-help guide of ...
Nine Of The Best Ways To Build Wealth  ForbesIt is often said that the three main sources of wealth creation are the stock market, real estate and entrepreneurship. With this knowledge as a starting point, ...
HSBC to offer BlackRock Aladdin Wealth platform to high-net-worth clients  VerdictHSBC is to boost it wealth management offering with the BlackRock Aladdin Wealth platform, after 18 months' collaboration between the two parties.
The Final 5 Steps To Building Wealth  ForbesBuilding wealth is an endeavor that should begin when you're young and continue throughout your career. Combined with the first five steps previously ...
To attract young people to Vermont, inspire them  Rutland HeraldThe most recent climate reports tell us we have less than 12 years to radically reduce our carbon production or the storms, the droughts, the floods and the ...
Survival of the starter home  Chicago ReaderCould a design contest help replenish Chicago's affordable housing stock?
2020 Democratic presidential hopefuls swing through South in quest for black voters  ABC NewsSeveral 2020 presidential candidates are swinging through predominantly black cities and neighborhoods as Democrats work to court that voting bloc.
Vanguard Index Funds: What They Are and How to Invest  NerdWalletVanguard index funds kicked off the passive-investing revolution. Whether you buy directly from Vanguard or via your brokerage, they make investing easy.
Two Individuals in Seattle Have Between Them a Quarter of a Trillion Dollars  TheStranger.comHow to understand this madness? The combined wealth of two men in Seattle is now valued at $245 billion. One, Jeff Bezos, has $145.6 billion; the other, Bill ...
The First 5 Steps To Building Wealth  ForbesThis is the first of a two-part series. When you're looking into getting a loan, you'll see options for homes, cars, businesses, and even vacations. What you won't ...
Prince Alwaleed promises to reveal more settlement details to calm investors  The NationalPrince Alwaleed bin Talal, the Saudi billionaire whose wealth has more than halved since 2014, promised more transparency on his settlement with the ...
FEATURE-'Islands of wealth in a sea of slums'? Kenya divided over satellite cities  ReutersNAIROBI, March 18 (Thomson Reuters Foundation) - On the outskirts of Nairobi, vast tracts of agricultural land are seeing a new type of growth, as steel rods and ...
A Mar-a-Lago Weekend and an Act of God: Trump’s History With Deutsche Bank  The New York TimesDeutsche Bank's hunger for profits and risk led it to lend Donald Trump more than $2 billion. Once he was elected president, employees were told not to utter his ...
How to pick the best (and cheapest) Sipp to build your pension investments  This is MoneyDIY investing platforms offer a range of online Sipps to investors, who can buy, sell and monitor investments from their computer - or even mobile phone.
Preston Bus Station revamp is up for an award  Blog PrestonPreston Bus Station turns 50 this year and it could be an award-winning year. Advertisement. Refurbishment of the grade-II listed building has been shortlisted in ...
Sunday Papers: Cabinet coup to ditch Theresa May  Citywire Financial PublishersThe Sunday Times: Senior ministers moved last night to oust Theresa May and replace the prime minister with her deputy, David Lidington, in a full-blown ...
Pressure to cut interest rates continues to build  Small CapsPressure is building on Australia's Reserve Bank to cut official interest rates as early as its April meeting to deal with the slowing economy, correcting property ...
Jeremy Corbyn to visit Morecambe as Labour unveils ‘bold, ambitious’ blueprint for a brighter future  Lancaster GuardianTackling poverty, support for regeneration, jobs and skills, action on climate change and investment in housing are among the plans which will be unveiled by ...
'Islands of wealth in a sea of slums'? Kenya divided over satellite cities  The Star, KenyaMore than 17000 acres of farmland is being turned into satellite cities.
6 Wealth Building Alternatives Without Buying Stocks  ForbesBuilding wealth with the stock market has always been a possibility, but what if you prefer to hedge your bets and invest elsewhere as well? This post goes over ...
The towering potential of Baltimore hindered by crime and chaos  Baltimore SunBaltimore is a city of chronic contradictions and a perpetual potential.
Abdullahi Sule: From the private sector to Nasarawa Government House  Daily TrustCome May 29, 2019, new set of leaders will take over the affairs of states across the country while others would renew their oath for another four years.
How money shapes architecture: Oliver Wainwright  Architecture AUOliver Wainwright, the Guardian's architecture and design critic talks to ArchitectureAU editor Linda Cheng about the link between financial markets and the ...
The Ideology of Socialist Conquest  American ThinkerThe struggle between egalitarianism and wealth creation is being watched by the world with awe and apprehension -- the winner will proceed to prescribe ...
Atul Suri Sees These Signs As A Precursor To Rally  BloombergQuintAtul Suri isn't bothered about what elections can throw up—because he sees ample indicators of a long-term surge.
The road to wealth creation is paved with smart investments  Economic TimesEquity, hands down, is the best asset class to help you create wealth.
How to Build Wealth  NerdWalletBuilding wealth is about small, regular investments into your financial security. Here's how to build and maintain your wealth over time.
Twenty modernist houses by Gerrit Rietveld documented in detail for the first time  Wallpaper*A new photographic book titled Gerrit Rietveld: Wealth of Sobriety celebrates the unique houses of Dutch architect and designer Gerrit Rietveld (1888-1964) ...
10 Simple Truths About Building Wealth And Getting Rich  ForbesWant to build wealth? Want to get rich? The simple approach is the best approach.
How to build wealth in 4 steps, according to millionaires  Business InsiderBuilding wealth involves a four-step process: Growing income, controlling spending, investing in index funds, and investing in real estate.
The Democratic Presidential Contenders' Demeaning View of Americans  American ThinkerWhen Democrat senator Kamala Harris announced her run for the presidency, she vowed to be a “tireless advocate of men and women who lack power and ...
Blueprint Local: Creating Wealth-Building Ecosystems In Local Communities  ForbesBlueprint Local aims to create viable local ecosystems with long-term staying power.
How to get rich? 5 sure-shot ways to create serious wealth that you always ignore  Economic TimesWealth creation is tough. But taking the right steps – no matter how little they are – can make it easy and help you go the distance. Cut to school days.
TFSA Investors: 2 Stocks to Include and 1 to Avoid  The Motley Fool CanadaIf you haven't yet made use of your TFSA contribution for this year, it is probably time to get started. After all, the TFSA is one of the best, most versatile ...
Where you live plays a big role in your ability to build wealth  INSIDERYour neighborhood affects your savings — if you live in an affluent neighborhood, you're more likely to mirror your neighbor's consumption habits.
The author of 'The Millionaire Next Door' explains 3 ways anyone can build more wealth  Business InsiderBuilding wealth is possible regardless of your financial situation or education — if you're practicing these three things.
8 simple money habits that will help you earn more in 2019  CNBCHere's a list of straightforward money habits you can start implementing today that can help make 2019 a more lucrative year.
Q's Corner: College Admission Scandal  The Appalachian OnlineWith the recent college admission scandal involving the privileged elite buying their children spots at prestigious universities, it seems the punishment is less for ...
Beginners' guide to wealth creation Part I: Why should you invest?  Business TodayThis is the first part of a three-part series on investments and wealth creation for beginners. Investing is a technique of building wealth, but it's not only for the ...
"2020: Cory Booker on radical love and the filibuster.”  CrookedNew Jersey Senator Cory Booker joins Jon Favreau in studio for a conversation about his presidential campaign, what he learned about politics as Mayor of ...
What last week's sales tax failures tells us about the state of North Georgia politics  Chattanooga Times Free PressWhitfield County Commission Chair Lynn Laughter knew her effort to renew a sales tax referendum was deeply in trouble about a month ago, when she invited ...
Yum China Is Building the KFC of the Future  BloombergYum China is betting on cashless stores, innovative food items, and customized *service*.
4 Simple Habits to Build Wealth Faster  Kiplinger's Personal FinanceSure, making a lot of money helps, but research shows there are four behaviors that can be even more important to building true wealth.
Here's what an 'HSA' is — and why it's the ideal wealth-building tool for millennials  CNBCHealth savings accounts, or HSAs, offer a triple tax advantage for savers, and millennials, thanks to their youth, are uniquely positioned to leverage this ...
Increasing your income is key to building wealth and retiring early  Business InsiderPeople overlook the power of increasing income to build wealth, says an early retiree named Grant Sabatier in his new book, "Financial Freedom."
6 myths about millionaires that can prevent you from building wealth  Business InsiderThere are several things people get wrong about millionaires — and it can prevent them from becoming a millionaire themselves.
How to build wealth from nothing?  Global Banking And Finance ReviewAre you crazy about how to build wealth from nothing? Look, there are too many ways that help you earn and save money even if you have nothing in your bank ...
Why Real Estate Builds Wealth More Consistently Than Other Asset Classes  ForbesIf you lived through the recent real estate and economic recessions, the very headline of this article might cause you some emotional pain. Less than ten years ...
This millennial went from $2 in his bank account to $1 million in 5 years—here's his best advice for building wealth  CNBCIn five years, Millennial Money founder Grant Sabatier earned more than $1 million. He says his best advice for building wealth quickly is to increase your ...
Fugitive Malaysian financier in multibillion-dollar scandal building army of foreign agents in the US  Center for Responsive PoliticsThe fugitive Malaysian financier at the heart of the multibillion-dollar 1MDB scandal is building up an army of foreign agents amid mounting investigations.
Qualities like focus and confidence can indicate how rich you'll be  Business InsiderIf you possess enough of the right characteristics, you may be more likely to become wealthy, regardless of your age or income.
‘In hindsight, my approach to build wealth was short term’  LivemintAnalysing the mistakes and getting rid of his portfolio's shortcomings set in motion Iqbal Mohammed's long-term journey.
Successful people build wealth through consistency  Business InsiderMany millionaires have five attributes in common that help them achieve financial independence. Consistency is key.
The four steps millionaires use to build their wealth  The Sydney Morning HeraldAt the end of the day, building wealth is relatively simple: earn good money, save and invest. But there's a fourth step millionaires often take.
Getting rich can boil down to 6 'wealth factors' no matter your age or salary  LaddersThese “wealth factors” can make a person more likely to become wealthy, according to a researcher who studied more than 600 millionaires in America.
A financial classic on wealth building  Business DailyIt is early in the year, so resolutions are still top on our agenda. Study after study say that among the top three New Year's resolutions are exercising, saving and ...

WARNING: The Biggest Lie About Compound Interest

Have you wondered why financial experts only tell you certain... Read More

16 Mantras for Building Financial Wealth

Everyone wants to be wealthy, but most of us do... Read More

Your Money Or Your Life

Have you stopped to realize that although you go... Read More

Personal Budget Programs

Do you have financial problems? Then a budget is the... Read More

Re-discovering the Fundamentals of Financial Planning

To lose weight in the 80's, we went on low-calorie... Read More

21 Secrets of Self Made Millionaires

Self-Made Millionaires are not smarter or better than you. They... Read More

How I made $122,000 and lost $132,000 - A lesson in Assets vs Liabilities

This is a true story from my own experience that... Read More

The Parthenon Principle

Have you seen a picture of the Parthenon in Athens,... Read More

Starting With Smaller Goals First And Work Your Way Up Until You Achieve Financial Freedom

While you need to have a lot of positive-thought and... Read More

Building Wealth: Its An Inside Job ? Part 1

Whenever we read about building wealth or even attend a... Read More

Have You Ever Had That Feeling?

Have you ever had that feeling where you could not... Read More

Building Wealth: Its An Inside Job ? Part 2

Let's quickly review the principles discussed in the first part... Read More

Turbocharged Financial Planning

Financial planning is an ongoing process individuals and businesses should... Read More

Wealth Management, Wealth Protection, and Tax Planning

U.S. Supreme Justice Louis D. Brandeis"I live in Alexandria Virginia.... Read More

Uncle Sams Snake Oild

Uncle Sam and his band of merry-men, better known as... Read More

Who Wants To Be A Millionaire?

Steve Martin once delivered an opening monologue for Saturday Night... Read More

Build Wealth From Home

As you sit in traffic, inching along between irate drivers,... Read More

How to Have MORE Fun With YOUR Tax Refund in 2005

I counsel a LOT of people about money. I see... Read More

Financial Planning for Beginners

Financial planning at an early age may seem complicated, however... Read More

Compounding: The Science Of Exponential Money Generation

It all begins with a simple calculation.You are home on... Read More

Discover the Secrets and Possible Solutions To Money Problems

It is sometimes pitful how many projects are never born... Read More

Use Feng Shui Coins To Increase Your Income

Feng shui coins can allow you, among other things, to... Read More

What it Means to be Rich

Many people have a false understanding of what it actually... Read More

Increasing Your Wealth by Increasing Your Financial Literacy

Perhaps the primary message of Rich Dad, Poor Dad is... Read More

Tax Strategy - Theres More to Building Wealth than Clipping Coupons

We talked recently about the wealth formula:Spend less than you... Read More