# Compound Interest Math Problems And Answers latest 2023

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Sorry I had to start this article in a very grumpy way, but my friend someone came to me last week to ask me this question.

“Jason next to online trading you can get rich, is there any other way?”

“This internet story still doesn’t sit well with me.”

Well, I really hate to say this because it sounds like an old broken record, but sometimes it really has to be played for someone, whose right brain I think is still in a coma.

There are of course many ways to get rich, quick, easy or lazy.

Here are a few :

1. Inherit Wealth

No work, no sweat, no worries.

The problem? It is difficult to be adopted by rich and sick parents. There aren’t many of these people around, so this method works.

It only works for a few. If you were one of the lucky ones, well, you wouldn’t be reading this article or finding ways to get rich. You would be sailing the Caribbean now.

2. Marry someone who is already incredibly rich.

If you’re not married now, hey, there’s still time for you to find a rich spouse. But that’s not the subject of this article, because again, it’s a path to wealth that few can do. Speaking of Hollywood, maybe you can go there and try your luck.

3. Hit the stock market big.

Your shares will double and triple in price. However, there is a problem. You must already be rich to buy a lot of stocks and yes, there is always a catch in the stock market.

4. Win the lottery

I’ve seen a lot of people do that, some even put 10-20% of their salary into it. But math experts already know the truth: “The lottery is a voluntary tax on people who are really bad at math. You are about 100 times more likely to be struck by lightning than to win the lottery. To put that into perspective, chances are you had to be struck by lightning 100 times before you won the lottery. go out and have a good time spending your lottery money?

The lottery is entertainment, a reason to watch TV or the newspapers to check if your number won a dollar or two. Play the lottery for fun, don’t use it for your primary investment.

5. Write a hit song or sing a hit song

I can’t sing. In fact, I can barely hum. If you’re one of those rare individuals with superstar musical talent… go for it! Use this skill. Go for the American idol, earn a million or two and enjoy. However, this article is not about writing hit songs. So if you’re like me and can’t hold a tune, relax. There are many other ways to achieve financial independence.

And how about writing this great romance novel?

Well, that’s also a path to financial wealth, but a very rare path. Very few people are able to take this path.

Well, if these well-known methods of getting rich don’t work for most of us, then how do average people get rich?

Ok, listen, the number one way to increase your income and build your investment fund is to make your money work for you. And, as we’ve seen, there are several ways to accumulate the money you need to start your investment fund.

The second way to build your investment quickly is to use the principle of LEVERAGE on the efforts and technology of others to help you accumulate and build your investment fund faster.

As the sole employee of your company, you are limited to the number of projects you can complete in a day with just two hands and 8 hours. If you want to earn more money by increasing the number of projects you can complete, you need to hire a worker or a helper.

Maybe you decide to pay your employee \$20 for each project they complete. Since you charge your client \$30 for each project, you now earn an additional \$10 each time your employee completes a project for you.

The more people you hire, the more projects you have on hand and the more money you earn. That’s what we mean by leveraging your time and effort through other people.

Do you need to hire more employees and use this principle of leverage?

It’s just another method to build your investment fund. Having extra options and choices is always nice.

Whenever you start a business, you can use this principle of mobilizing people to quickly build your investment fund. However, many people will not use this means of leverage because:

1. They don’t want their employees to have headaches.

2. They want to keep their business small and manageable.

3. They don’t want to be responsible for supervising other people.

4. They don’t want hassle with paperwork and insurance etc.

If this method of mobilizing people doesn’t appeal to you, there’s yet another way to leverage your efforts.

Most people do network marketing every day, but they just don’t get paid for it.

You see, network marketing is nothing more than recommending and promoting what you love. If you’re like most people, you recommend and promote:

Like when you watch a good movie, will you tell your friend? Or sports team, restaurants, funny joke and the list goes on…….

Since you recommend and promote daily, why not get paid for it, right?

Or you can continue to recommend and promote for free. Free is not bad. Charity work makes the world a better place. But if you’re tired of working for free and want to join smart entrepreneurs who get extra income in their mailbox every month, you might want to check out internet network marketing.

These companies will pay you to recommend and promote their products or services. Instead of spending money on TV advertising or newspaper ads, these companies rely on word of mouth promotion.

Think about it. What long distance services promoted on TV by an actor you didn’t like? Or the long distance service recommended by your mother or your best friend, did you think that was not good?

Thousands of different goods and services are promoted through network marketing. Word of mouth advertising is powerful. Mainstream media don’t stand a chance against the recommendation of a trusted friend.

So how does the principle of leveraging people fit into network marketing and technology?

Think of network marketing as a family tree or genealogy. Companies that use network marketing to distribute their goods and services not only pay you to tell other people, but also when the people you talk to come out and tell other people, etc., etc. . …… In other words, you could tell A who tells B, who tells C, who tells D and so on, and you could earn a monthly bonus on all of their use and sales.

These are people who take advantage at work.

And if you can tell the world about your product or services, you will do business worldwide. Let’s say you have a relative who remains in another state or your brother who now lives in Canada, perhaps in Asia. How can you show him your great opportunity and your product? You don’t have to travel, use your computer.

The Internet.

In everything from health insurance to electronics, from education to the stock market to buying a home, more than 50% of American consumers are already going online, it’s so convenient now that we can call and see each other on the computer or even send an instant message and a photo by pressing the enter key on our keyboard. Don’t be a “dinosaur” if you read my last article:

I know some people who use their network marketing income to accelerate their investment fund. In some cases, their part-time network marketing income exceeded their regular job income, so they decided to make network marketing their full-time profession.

Over five million people are already earning extra income from their part-time network marketing business in the United States alone, but the Internet population is larger than the population of China and India combined.

Since you’re already recommending and promoting what you love, shouldn’t you consider getting paid too?

Internet network marketing is one of the fastest ways to a quick retirement, this is important especially if you are between 45 and 50 years old and don’t have much time for your money to earn compound interest . So if you’re no longer young, don’t panic. Network marketing can help you catch up to your investment fund quickly and if you’re in your 30s, prepare to retire young and wealthy.

That’s why I love network marketing.

Up to the top.

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