Home Editors' Picks If you want to be wealthy, you should have a lot of interest in this

If you want to be wealthy, you should have a lot of interest in this

by The 100 Companies

In my new book, I write how Interest is a fickle thing. It can be your very best friend or your most ardent adversary. The poor pay interest, while the wealthy earn interest.

Interest is either the price you pay for credit you are using or the amount of money you are earning on deposited money.

If you are borrowing, it is prudent to know how the interest will be compounded, and likewise, if you are earning interest, always seek the highest amount with the least risk.

Remember, the goal is to be earning interest (good) not paying interest (bad).

“Money Secrets: A Little Book of Wisdom” publishes Friday, Nov. 4. Find it, and my other books, on Amazon.

– Jeff Arnold, Founder, RIGHTSURE

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