Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Compound Interest: You Can Pay It or You Can Earn It: Financial Freedom, #96
    Compound Interest: You Can Pay It or You Can Earn It: Financial Freedom, #96
    Compound Interest: You Can Pay It or You Can Earn It: Financial Freedom, #96
    Ebook81 pages1 hour

    Compound Interest: You Can Pay It or You Can Earn It: Financial Freedom, #96

    By Joshua King

    ()

    Read preview

    About this ebook

    Two of the most popular words in finance are "compound interest." However, these aren't just words but an entire mindset.

     

    Compound interest can work against us when using credit cards. Why do we buy things on credit? Because we can't wait to purchase them with cash.

     

    So to prevent credit card debt, we must learn delayed gratification. Good things start to happen as we become more intentional with our money.

     

    We will see excess cash flow in our accounts. We can invest this money to make more money. This is how we exploit the magic of compounding interest. Good Luck!

     

    LanguageEnglish
    PublisherJoshua King
    Release dateJan 13, 2023
    ISBN9798215129982
    Compound Interest: You Can Pay It or You Can Earn It: Financial Freedom, #96

    Read more from Joshua King

    Related to Compound Interest

    Titles in the series (100)

    View More
    View More

    Related ebooks

    Business For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      It’s Not Always About How Much You Make

      Mar 20, 2021

      EVERYONE has their own money rule that they swear by. My one: “It’s not about how much you make; it’s about how much you keep and where you keep it.” Back in my corporate days, I was highly paid. It was probably a bribe to keep me in the job, as I ha

      3 min read

    • Article

      For Real Financial Security, Do NOT Do What Everyone Else Is Doing

      Apr 5, 2022

      If you were to characterize the perfect investment, how would you describe its features?  You most likely are describing something that doesn’t exist –  a financial unicorn that, if it actually did exist, would do away with all other financial produc

      5 min read

    • Article

      To Prepare Your Heirs for Future Wealth, Don't Hide the Truth

      May 22, 2019

      For parents in families of multigenerational wealth, there are a lot of perceived third rails when it comes to discussing family wealth with your children. You may be afraid that when your child learns they stand to inherit a substantial amount of mo

      4 min read

    • Article

      Baby Boomers Have Financial Superpowers

      May 8, 2018

      Albert Einstein is credited with saying that compound interest is "the most powerful force in the universe." I would add that education, combined with the miracle of compounding, may be the real power we are seeking. Who can have this superpower?

      3 min read

    • Article

      Financial Knowledge Is Power Only If You Apply It

      Mar 6, 2021

      ONE of my favourite sayings is “Financial literacy, just like weight loss, isn’t dependent on one thing. It’s 20% education and 80% your action.” A year into the Covid-19 pandemic, I’m reminded of a young woman I interacted with a few months before S

      3 min read

    • Article

      Working Out Your Finances

      Dec 27, 2020

      Working Out Your Finances
      2 min read

    • Article

      4 Ways to Share Your Money Smarts with Kids

      Apr 30, 2019

      Do you know anyone who's struggling with managing their personal finances? You probably do. One in 4 adults (25%) do not pay their bills on time, and almost 1 in 3 millennials (32%) feel not at all or not very knowledgeable about how their credit sc

      2 min read

    • Article

      Benjamin Graham's Timeless Advice

      Jan 30, 2020

      Benjamin Graham had all the traits of a great investor--brains, curiosity and discipline. An immigrant to New York, his family was plunged into poverty when his father died. But Ben was a smart kid. He learned to read six languages in high school and

      5 min read

    • Article

      Lessons From Billionaires

      Apr 17, 2020

      Lessons From Billionaires
      9 min read

    • Article

      PODCAST: The 2022 Stock-Market Outlook with Anne Smith and James K. Glassman

      Dec 28, 2021

      Apple Podcasts | Google Podcasts | Spotify | Overcast | RSS David Muhlbaum: No doubt stocks in 2022 are going to have a tough time topping 2021’s stellar performance, but rise they will, Kiplinger is forecasting. We’ll dig into the year ahead with in

      19 min read

    • Article

      Don't Settle for Anything Less Than True Diversification

      Dec 11, 2018

      Diversification is a big word, but it can be simply defined: Don't put all your eggs in one basket. That sounds easy enough to understand and accomplish, but it can be trickier than you might think. That's because there's a big gap between how Wall

      3 min read

    • Article

      Pay Yourself First

      Feb 17, 2020

      This is a saving and investment principle that comes from the George S. Clason book, The Richest Man in Babylon. It merely states that before paying others, you first have to pay yourself for the month’s hard work. This is one of the golden rules of

      1 min read

    • Article

      5 Stocks to Own for Decades

      Jan 26, 2022

      In 2008, two investment managers crunched more than 20 years of market data and produced findings that can only be called shocking. Eric Crittenden and Cole Wilcox found that most stocks did significantly worse than the overall market averages over t

      4 min read

    • Article

      Make The Most Of Your Payday

      Jul 28, 2021

      1 Sort your money out – know what you are spending and pay off your consumer debt. 2 Research your current job salary. See how it lines up, and figure out where you can increase your value to your employer. 3 Set a savings goal first, then figure o

      1 min read

    • Article

      How to Avoid Financial Panic When a Recession Threatens

      Aug 30, 2022

      It’s OK to worry about a potential recession. The unknown is scary. But, don’t let those emotions lead you into financial panic. You are not the only one feeling anxious – more Americans are worried about a looming recession than in years. Two-thirds

      4 min read

    • Article

      4 Simple Habits to Build Wealth Faster

      Jan 30, 2019

      As a young child, did you ever dream of having $1 million in the bank? I used to think that way, but my perspective changed over the years. $1 million is no longer a guarantee of financial freedom. For someone spending $200,000 a year in good healt

      3 min read

    Related categories

    Reviews for Compound Interest

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Compound Interest - Joshua King

      Z:ebook_preview_excerpt.htmlXnH`%_dG[Y#M%vLvsIi؇^dO5/"i%YD}NUcY'29 dftnt&u5^e^Bzr\?'_?柣MrAPzw&6Hҥ..a72vnzJce߯Ntj*!7"|&2Ic#: 2F+zʧqLjet/ 9kL؂.E`wpZ=\wz}29 Mw:ۼ UNekܯ\eqK'[r*ML_N{-gFO{DB?9~ t&~3 1l{e2!3xSxT)+^ EV,zvo+ŏέ ųyח>adb3/!u8lcbs%prn 듶{S8Sc hG*2W7A0zijeo^5(0K1=<XzV:+:$lKTT^ ;]e;t'rT\y*${}j]Xۧ_п|Kї3L/5Kv)bRf/iթo jΌyC tj!Qd֥h#22zsfCɘ> #"[T pmrǛ!c-|\r(WHN~4]ħ{!֑&#vQJNkfoGDerڭciJ CЪz_6bs61VvK ^.\pO$R(Ś1VH7+VZay+?FUclӝT^u#~4S7G 7W,ziGJҍNc][MrP23F`UXJ4X6up!OS4?ϱh'\Diڊ'1eEno=h*3@p Pe>sIpnѮ/ N(Zn }峛V ظByL"!m)̚. 吽/&J\-HB)G &ksLC1{o{&{ A4]t6úR8IX0[2*EpRdF; "_ZXB +x(Ap`' J`U!m Nɷ< )2HUkCA=gM9ed͘ YAHzHпagLցo<痓 Ԣ"LnQ Gf-dSc W_~0%jjc*(r.ʧA?Vsw?PEp(51CQySIj͂it-FG{w,k\8|]L1鼐db. wU"_8K BqLhI')S°dbD&wecNGs5[{-oͶXWU懶Dꪴ1Δ˄XjvTs
      Enjoying the preview?
      Page 1 of 1