Wednesday, March 13, 2013

Doubling your money and the Rule of 72

As greedy humans, we want something that doubles our money.

Fine, I will give you something that can double your money.

The Rule of 72.
(click or open image in new tab to enlarge)

How does this work?

Monday, March 11, 2013

Credit Card, anyone?

Credit card. Necessity or status symbol?

Ever since I knew what a credit card is, I promised myself not to get one. Around 2009, when BPI offered me a pre-approved credit card, I declined it. They even tried to deliver the card at home, but I told the messenger that I did not apply for it.