Posts Tagged ‘Financial Success’

Ten Reasons Why Most People Do Not Achieve Financial Success

Posted in Finance on May 4th, 2009 by admin – Be the first to comment

Reason One: Lack of knowledge: or more specifically, a lack of a desire to gain knowledge. Make the effort to read to read about financial matters and you will learn. make your money work for you by using the magic of compound interest a t 7% interest per year your money doubles after approximately 10 years and at 10 % interest after 7 years. Remember the rule of 72. Divide the interest into 72 to see how long it takes to double your money (or reduce it because of inflation). So the sooner you get started the better. Many people don’t know where to go for unbiased advise so they do nothing.
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