Comments on: The Power of Compound Interest http://www.mmhabits.com/the-power-of-compound-interest/ To Achieve... To Succeeed... Sat, 06 Mar 2010 04:36:26 -0600 http://wordpress.org/?v=2.9.2 hourly 1 By: 8 habits of millionaires « Alchemista’s Weblog http://www.mmhabits.com/the-power-of-compound-interest/comment-page-1/#comment-452 8 habits of millionaires « Alchemista’s Weblog Mon, 11 Feb 2008 21:30:14 +0000 http://www.i-endeavors.com/2008/01/11/the-power-of-compound-interest/#comment-452 [...] Self-made millionaires did not become that way overnight. They understand the power of compound interest, and that consistent investment effort will be [...]

[...] Self-made millionaires did not become that way overnight. They understand the power of compound interest, and that consistent investment effort will be [...]

]]> By: Roman http://www.mmhabits.com/the-power-of-compound-interest/comment-page-1/#comment-231 Roman Tue, 15 Jan 2008 17:32:54 +0000 http://www.i-endeavors.com/2008/01/11/the-power-of-compound-interest/#comment-231 This is exactly the same thing why Warren Buffet hates to spend money! When we think about a 100 dollars we usually give value to it by thinking what we could have or do with that money. While it’s the most common way to think about money, it is also something that holds back a lot of people from becoming rich. When Warren Buffet thinks about 100$ he doesn’t think what will he get when spending it today but he thinks what will he get from it in the future - while gaining 20% interest on the money annually. If it seems intresting then I made a post about it in my own money blog - http://mmmoney.org/?p=15 This is exactly the same thing why Warren Buffet hates to spend money!

When we think about a 100 dollars we usually give value to it by thinking what we could have or do with that money. While it’s the most common way to think about money, it is also something that holds back a lot of people from becoming rich.

When Warren Buffet thinks about 100$ he doesn’t think what will he get when spending it today but he thinks what will he get from it in the future – while gaining 20% interest on the money annually.

If it seems intresting then I made a post about it in my own money blog – http://mmmoney.org/?p=15

]]> By: carnival of personal finance: photo quiz edition : plonkee money http://www.mmhabits.com/the-power-of-compound-interest/comment-page-1/#comment-225 carnival of personal finance: photo quiz edition : plonkee money Mon, 14 Jan 2008 10:07:08 +0000 http://www.i-endeavors.com/2008/01/11/the-power-of-compound-interest/#comment-225 [...] from Millionaire Money Habits presents The Power of Compound Interest. Compound interest is indeed powerful stuff. If you think you know all about it, go and check out [...]

[...] from Millionaire Money Habits presents The Power of Compound Interest. Compound interest is indeed powerful stuff. If you think you know all about it, go and check out [...]

]]> By: Cheapest Car Ever, Cash Advance or Balance Transfer @ The Roundup http://www.mmhabits.com/the-power-of-compound-interest/comment-page-1/#comment-220 Cheapest Car Ever, Cash Advance or Balance Transfer @ The Roundup Sun, 13 Jan 2008 18:45:40 +0000 http://www.i-endeavors.com/2008/01/11/the-power-of-compound-interest/#comment-220 [...] The Power of Compound Interest @ Millionaire Money Habits [...]

[...] The Power of Compound Interest @ Millionaire Money Habits [...]

]]> By: 2008 January 12 | Credit Withdrawal http://www.mmhabits.com/the-power-of-compound-interest/comment-page-1/#comment-212 2008 January 12 | Credit Withdrawal Sat, 12 Jan 2008 16:12:13 +0000 http://www.i-endeavors.com/2008/01/11/the-power-of-compound-interest/#comment-212 [...] Millionaire Money Habits - The Power of Compound Interest [...]

[...] Millionaire Money Habits – The Power of Compound Interest [...]

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