Website design By BotEap.comOnce upon a time there was an old king who wanted to hire a wealth coach to educate his princess on the subject of wealth intelligence in order to manage her wealth effectively in case she dies. The generous king was willing to pay up to $1,000,000 for anyone who could meet his criteria for this 30-month project. Sages from all over the country found out about this beautiful reward and many began to apply for this job. All the career advisors started racking their brains to come up with many different strategies to make sure they landed on the job. However, a young wealth coach named John approached the King in a different way. He said, “King Almighty, I can make sure I do an even better job compared to the rest of the people in the country, but I don’t require a payment of $1,000,000. All I ask is that you pay me 10 cents in the first month and double that amount of total income from the previous month every month for the next 30 months.” The King thought about it and thought that he had gotten the best deal ever and immediately agreed to hire John. Towards the end of the 30 months, the King’s Princess was an intelligent child. The King was happy with Juan and asked for the bill. To his surprise, the bill came to $53,687,091.20! That day, the princess learned the greatest lesson of life from her. The huge bill amount came true due to the power of compounding!

Website design By BotEap.comEinstein’s path

Website design By BotEap.comWhen Albert Einstein discovered the Compound Interest Rule of 72, he said that compound interest is the greatest invention because it provides a systematic way to increase wealth. You can ignore what Jonathan says, but when Albert Einstein says it, I think it’s worth sitting down and listening.

Website design By BotEap.comWhat exactly is the Rule of 72? Simply put, estimate how many years it would take for your money or debt to double.

Website design By BotEap.comAll you have to do is simply divide the number 72 by the Annual Rate of Return you get on your savings or investments.

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Website design By BotEap.comRemember that while compounding interest can do wonders for your investment portfolio, it can also do wonders for your debt portfolio. If you’re paying 24% compound interest on your credit card debt, that also means your debts double every 3 years. Therefore, if you have any credit card debt to pay off, there are 2 very important points that you should always remember:

1) Constantly look for ways to reduce your interest

2) Wipe out your credit card debt ASAP because it’s obvious WRONG DEBT!

Website design By BotEap.comYou can retire as a millionaire

Website design By BotEap.comMany people may think that it is impossible to retire on a million dollars if you make less than $3,000 a month. Therefore, many of them prefer to put their hopes in winning the lottery. The good news I have for you is that many of us can retire millionaires with a disciplined habit of saving. If you plan to retire at age 60

Website design By BotEap.comSo, all you need to do is start increasing your wealth intelligence by developing a disciplined way of saving, start making your money work harder for you by getting a better interest rate on your savings, and harness the power of compounding! !