If you earned a salary of $2 million every week from the day Jesus was born until today, you would almost have as much money as Jeff Bezos.
Category Archive: Personal Finance
Naval Ravikant talks about building wealth and why everyone can and should be rich.
As the saying goes, “a fool and his money are soon parted.”
Compound interest is so powerful that Albert Einstein is said to have called it “the most powerful force in the universe.”
To sum things up, bad debt is borrowing money to buy liabilities while good debt is borrowing money to buy assets. This knowledge is one of the key factors that separate affluent individuals and everyone else.
“My thing is related to who I am as a person,” he says. “The clothes are an extension of me. The music is an extension of me. All my businesses are part of the culture, so I have to stay true to whatever I’m feeling at the time, whatever direction I’m heading in. And hopefully, everyone follows.”
Theodore Johnson worked his way up the newly formed USPS company in 1924. He was no prodigy or even an executive – Theodore worked in the personnel department. He never earned more than $14,000 a year, but he had a net worth of over $70 million.
Now is the best time to start a business.
Warren Buffett and Charlie Munger explain the benefits of working with less capital during Berkshire Hathaway’s annual meeting […]
The best personal finance advice i’ve ever received is to save & invest your earned income, and only spend your passive income on luxuries. Let me explain…