Increase your chances of having a great relationship with money by knowing your Kolbe Index. The Kolbe Index (Instinct Test) is unique. It does not measure intelligence, personality or social style. It measures the instinctive ways you take action when you strive.
Compound interest is an amazing thing. It means that after you earn interest on your money, you can also earn interest on your interest. In short, your money is making money. There’s a lot more detail to it, but over time your money grows faster.
Gross income is the total amount of what you get paid. Your salary, typically, is listed in its gross amount. This term is used in comparison to net income.
Net income is the amount of money you get to keep AFTER any deductions are taken out of it such as taxes and expenses. This term is used in comparison to gross income.