The Power of Compound Interest

THE POWER OF COMPOUND INTEREST





"The most powerful force in the universe is compound interest"


- Albert Einstein








Ask almost anyone about compound interest and you will hear them say "yeah, I know about it." If everyone truly understands what compound interest is, then we probably will not have so many people having credit card debts that is piled up to the ceiling. The sad truth is the financial sector is using this to their advantage against general public. They are making millions and millions of interest of the people.



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Shopping On Bahamas’ Great Abaco Island

For those who shop, either out of necessity or for sport, the Bahamas’ Great Abaco will provide a shopping experience that is sure to satisfy. There are a wide variety of shops and fine stores, with many unique offerings.
Great Abaco Island is home to many stores selling quality perfumes, ranging from fine, classic scents to fabulous island originals. Abaco Treasures, found right at the Marsh Harbor stop light, is one of these stores. In addition to an array of perfumes, Abaco Treasures also carries fine china, crystal and a selection of gift items. John Bull sells quality perfume and cosmetics, including products by Iman and Lancome, in addition to Rolex watches and fine jewelry. Solomon’s Mines, a duty-free shop, found right by the entrance to Abaco Beach Resor View the rest of this article

What Is An Interest Only Mortgage, And Should I Get One?

There is a non-traditional type of home mortgage loan being marketed to consumers known as an interest only home mortgage loan. Sometimes called a balloon mortgage, an interest only mortgage is exactly what the name implies. For the term of the mortgage, the borrower is paying only the interest that is due on the home mortgage loan and is not paying anything back towards the original loan amount.
At the end of the mortgage term, the balance due on the loan will be equal to the full amount that was originally borrowed. This balance will be due, in full, when the mortgage loan term ends.
Why an Interest Only Mortgage Loan Sounds Attractive
Obviously, we would all like our monthly mortgage payments to be as low as possible. With an interest only home mortgag View the rest of this article

Organizing Your Home: The Kitchen

Arguably, the kitchen is the heart of the home. We cook there,


eat there (hopefully as a family), entertain there, chat at the


table, do homework, and any number of other family-related


things. A disorganized kitchen discourages us from doing the


above; we don't want to cook and eating will likely then take


place in front of the TV. We don't want to entertain others or


sit and chat because the clutter distracts us and makes us feel


ashamed of not keeping things in better order. So let's get to


it!





Please understand that this room CANNOT be done in one day or


in one chunk of time. I'm willing to bet it took more than one


day for your kitchen to lo View the rest of this article

Tips For Evocative, Distinctive Company Names

As the sponsor of a Name-This-Company Contest, I?ve been watching suggestions come in by the dozens every day. Unfortunately, the great majority of names submitted so far do not pass ?go.? A good company name is not only catchy and evocative, but also pronounceable, spellable and not likely to backfire because of unsavory associations.
Since the contest offers a prize of $100 for the best business name submitted, along with the chance to become a professional ?namer,? getting paid to think up new product names, new company names, tag lines and ad slogans, I would guess that the same flaws occur when company owners or managers sit down to think up a new name for their own business.
So here?s a quick quiz to sensitize you to important factors in potential compa View the rest of this article

The Importance of Will-Power

The importance of will-power is recognized by most men, yet few deliberately give any time or thought to its development. Why we resist one thing and yield to another may be due to "the strongest motive," but what more particularly concerns us in the study of self-confidence is in what way this mighty power can be built and directed.
Does desire control the will, or will desire? The psychologist points to the testimony of consciousness as confirming our freedom to choose a certain course and to pursue it, with the feeling that we could choose some other course if we desired.
In either event, there is no feeling of compulsion, and this would seem to confirm the idea of freedom of will.
Let desire, then, be the starting-point of the student's attempt to edu View the rest of this article

The "e" In eBusiness Does Not Mean Exempt

I've gotten quite a few emails recently from ebusiness owners who seem to think that just because their business is conducted online or from the comfort of home that the rules and regulations that govern brick and mortar businesses do not apply to them.
The ebusiness questions I get most often do not involve building websites or conducting ecommerce.
They are more what I call the "Do I Really Have To" line of questions, such as:
"Do I really have to get a business license?"
"Do I really have to get a tax ID number?"
"Do I really have to pay taxes on income from my website?"
Yes, yes, and yes.
Do I really have to get a business license? This is one requirement that many ebusiness entrepreneurs think they can skirt because they don't have a View the rest of this article