The importance of your Fuck You Money

The importance of your Fuck You Money

What Is Fuck You Money? In our days we are all, more or less consciously, slaves to someone else. Each of us, from our childhood, is forced into a hierarchy where we have to ask the people above us for permission to get what we want. When we were kids they were our parents, then it was the teachers, college admission officers, professors, our company’s staff manager, our bosses. A life defined by the people who have power over us…

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The Power of Compound Interest

The Power of Compound Interest

What is Compounding ? If you want to reach Financial Freedom , you MUST learn the importance of compound interest. It is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest.  Example: 1,000$ is deposited into a savings account…

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What is Financial Freedom and why it is so important.

What is Financial Freedom and why it is so important.

What exactly means Financial Freedom? Financial freedom means liberation from Wage slavery , a situation in which a person’s livelihood depends on wages or a salary, especially when the dependence is total and immediate. In other words, Financial Freedom ( aka Financial Independence), is a condition that you reach when you have enough money and investments to afford the kind of life you want for yourself and your families. To reach this condition you must have a constant increase of…

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How to escape the Rat Race: Financial Independence

How to escape the Rat Race: Financial Independence

What exactly means the term “Rat Race”? What is Financial Independence? We need to deepen the meaning of these two concepts. A rat race is an endless, self-defeating, pointless pursuit. The phrase equates humans to rats attempting to earn a reward such as cheese, in vain. Today the Rat Race is basically our competitive struggle to work and get ahead financially, to buy stuff we don’t use, to impress people we don’t like. Citizens are rats in a maze, expending…

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