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Par Compounded

Personal finance tips to help those seeking a better life!

Why You Should Think Twice Before Buying A Timeshare

October 23, 2016 by Par Compounded

Have you ever been to a tropical resort for vacation? Chances are some of the resort’s salespeople contacted you about buying a timeshare. I’ve actually been to one of those presentations before (I’ll talk about it more later). What did you think about the sales pitch? It was probably pretty aggressive, right? A lot of these salespeople like to target happy vacationers. In my … [Read more...]

How To Eat For Less Than $2 A Day

October 20, 2016 by Par Compounded

Eat Cheap Hey everyone! The topic of conversation today is about food (more specifically how to eat cheap, but well). By the end of this post, I’m going to tell you how I was able to eat lunch and dinner for less than $2 a day! Most of us have been on food budgets at some point (or are currently on budgets), right? College kids will know what I’m talking about: Sprite … [Read more...]

Why Inflation Can Be Deadly

October 17, 2016 by Par Compounded

Inflation

Fed Focus On Inflation  There’s been a lot of talk about inflation in Europe and Japan in recent years. In fact, Japan has been desperate to keep up with their inflation targets. Likewise, the Federal Reserve (led by Janet Yellen) here in the U.S. aims to have 2% inflation. The reason why there is so much focus on inflation is because it signals a healthy economy. What Is … [Read more...]

Compound Interest: The Most Powerful Force In The Universe

October 16, 2016 by Par Compounded

Compound Interest I was about six when I first learned about compound interest from my uncle. We were walking around China Town and came across a bank. He explained how if I deposited money in the bank, I could earn interest for just keeping it there. After many years, it would compound and I would be wealthy! At that age, I was too young to understand just how powerful … [Read more...]

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