Albert Einstein's Philosophies For Growing Wealth

via forbes.com

Although blogs and newspapers alike have oft posthumously placed a familiar quotation pertaining to compound interest — it being the most powerful force in the universe or man’s greatest invention — in the mouth of Albert Einstein, there is no evidence he ever said such a thing. He might have; the sentiment matches what seems to be this particular genius’s sense of humor.

Whether he said these words or something similar is relevant only to purists who say serious journalists shouldn’t attribute quotes willy-nilly to emphasize their importance. It doesn’t change the fact that compound interest should be on the mind of anyone looking to build wealth over time.

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Five Reasons Americans Are Not As Wealthy As They Could Be

via forbes.com

We can’t blame the economy, President Obama, Congress, our employer or our ex-spouse for our lack of wealth. In my role as a financial educator and experience for 25 years as a financial planner, I have observed that most people’s financial problems for the most part are self-created. The financial mistakes I have personally made in the past were no one’s fault but my own – when I was being too optimistic or greedy in investments, and I ended up losing money. I can spot it right off when an employee calls our financial helpline, and is placing blame on circumstances or other people instead of looking for ways to take responsibility for creating their own wealth. There are, of course, callers who are a victim of circumstances they had no way of preventing— like unexpected medical emergencies– but those are exceptions, not the rule. From the work I’ve done with tens of thousands of individuals over the course of my career (myself and extended family members included), the cold, hard reality is that most working Americans could be dramatically wealthier if they made some changes in their focus and in their behavior.

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How Wealthy Are The Presidential Candidates?

via forbes.com

The current lineup of presidential candidates may be claiming to represent the beliefs and political views of most American citizens, but from a financial standpoint they represent the top 1% of annual income earners. They are quite wealthy, and are millionaires many times over. Below is an overview of the top candidates from the Republican side, as well as a detail of the current Commander in Chief.

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