Archive for the ‘INTEREST 101 – rate vs cost’ Category

How to Calculate Interest Volume – The % you are really paying.

How much are you really paying in interest dollars, even if you pay cash? This is why just looking at interest rates has gotten so many people into financial trouble. We must also understand interest volume & interest velocity. Compare how much you are paying with how much you are earning – in dollars rather […]

March 18, 2012 · Jennifer · One Comment
Tags: ,  · Posted in: DEBT ELIMINATION, INTEREST 101 - rate vs cost, Interest VOLUME, L21) Diagnosing Debt

INTEREST 101 – Rate vs Cost – Earned vs charged

Interest is always working. It is either working for you or against you. You are either earning interest, paying interest or losing the opportunity to earn interest. There are no other scenarios. As a society we have been trained to look at certain aspects of banking in a limited way because by so doing we […]

June 6, 2011 · Jennifer · 2 Comments
Tags: , , ,  · Posted in: FINANCIAL EDUCATION 101, INTEREST 101 - rate vs cost