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Knowledge is power. And the world today (including financial markets) is constructed in such a way that those with greater intelligence generally have a greater advantage (than those without the knowledge or education) to succeed. The more you learn, the better you can position yourself in life due to your increased awareness.

World-renowned physicist Albert Einstein also knew this. He knew that you need more knowledge before you can get more money. And one of the most profound aspects of money is compound interest.

Einstein once said,

Compound interest is the the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it.

Unfortunately, most people today don’t understand the power of compound interest.

If you accumulated (saved) money, lets say at a rate of $50/week, after 6 months you would have over $1,000 dollars in your bank account. Now imagine if you both accumulated money and it compounded, meaning a small percentage (relative to the total size) was added each month. Then it would grow much faster.

Let’s consider an example.

Which of the two options would you rather have?

A) $1 million dollars right now, or
B) $0.01 cent that doubles every day, for 30 days

Many people would quickly choose option A and run. But option B is actually a better choice.

After just 30 days, option B = $5,368,709.12 !

Clearly, more money comes to those who are patient.

You might be wondering, How can that be? Well the fact is that things which compound, also grow exponentially. Let’s define this to better understand it.

Definition: ex·po·nen·tial growth (noun).
growth whose rate becomes ever more rapid in proportion to the growing total number or size.

Basically, as you begin to accumulate more and more, the size of your investment will keep growing faster and faster if it has any element that compounds. This behavior is actually a mathematical constant.

A mathematical formula

Math is nature’s way of saying, “this is truth.” And this is the mathematical formula used to express exponential growth.

A = final amount
P = initial principal balance
r = interest rate
n = number of times interest
applied per time period
t = number of time periods elapsed

You can choose to be on either side of the equation. Either someone who’s earning interest yourself, or someone who’s paying interest to others. But the choice is entirely yours, and it all depends upon how you choose to manage your money.

Most people don’t even bother to try to understand any of this, and it’s no surprise why they are always broke.

What banks do

Banks, credit card companies and money lenders are very aware of compound interest, and they use it every day to make millions of dollars. They call it an Annual Percentage Rate (APR) and this rate is basically a small percentage (in interest) that you pay them every month for buying something today, which you intend to pay off in the future.

APR is very small amounts of money, but when compounded over months and years it adds up to a substantial amount. And when you factor in thousands/millions of customers paying those interest payments, it’s enough to make the banker rich. And this is just one item in their bag of tricks.

So what is the point of all this? If you can understand compound interest, you can use it to your advantage. Instead of always paying interest to your credit cards and loans, you can earn it from them if you never carry a balance.

Take advantage of any opportunity you have to gain compound interest. Learn as much as you can about annual percentage yields, capital gains and dividends. Because if you don’t increase your financial intelligence, someone else who knows more about money will find a way to transfer it from your hand to theirs.


Disclaimer: This article was written for educational and entertainment purposes only. This is NOT financial advice. Always do your own research and please consult with a licensed attorney before making any serious investment. We are not responsible for any investment decisions that you choose to make.

Plastic is a brilliant invention. It has greatly contributed to our modern industrial revolution. No other material can come close to plastic in terms of mass production and flexibility in design.

Plastic is one of the easiest and cheapest ways to shape and mold parts and products into any form desired. But what is the problem?

The problem is that this miracle invention is everywhere. And there is SO MUCH of it, that it’s ruining the planet.

Plastic garbage is literally now in every ocean on earth. It’s not just the bags and straws, but even smaller particles of plastic debris that mostly go unnoticed. These cause even greater damage to the environment and to our bodies.

A recent scientific study has found that humans eat thousands of bits of tiny plastic particles every year. Even more shocking, they estimate that an average person could be ingesting approximately 5 grams of plastic per week. The equivalent of eating one whole credit card.

But the problem doesn’t just end there. The cost of using cheap plastic materials has tragic consequences for marine and animal life that most people take for granted.

A bird entangled in a plastic bag.

Every single week, at least 100,000 marine animals and over 1 million sea birds are found dead entangled up in plastic waste. Many of those animals who survived were brutally injured from the plastic waste entering in their environment.

Plastic also comes off of the tires that we drive down roads[b] and rain pushes this plastic into rivers, streams and oceans.

Microplastic particles find their way into the bellies of fish in the ocean, and when we eat those fish, the plastic then finds it’s way into our digestive system as well. And yet, even smaller Nanoplastic particles fall to the earth in rain drops, and scientists have even found them in vegetables as well. 

This is a huge problem and its out of control.

Buying bottled water?

Drinking water is how you clean your body from the inside, and we all should drink plenty of water to stay healthy. It’s best to drink purified/alkaline or john ellis water, but we DON’T recommend to drink water out of plastic bottles unless you also want toxins coming from the plastic to get inside of you.

The main problem with drinking out of plastic water bottles is that those bottles can leak Bisphenol-A (BPA) into the water, which is toxic. You might be thinking, “But my plastic is BPA-free” well, it’s now known that BPA-free products have merely replaced BPA with bisphenol-S (BPS) or bisphenol-F (BPF). And even small concentrations of BPS and BPF may disrupt the function of your cells in a way similar to BPA. Thus, BPA-free bottles may not be an adequate solution.

Even moments after birth, babies are given formula out of a plastic milk bottle.

Yet, in spite of all the increased awareness, even if people stop buying plastic bottles, they continue to put food in plastic-wrap, styrofoam[a], use plastic bags, drink from plastic cups, and eat with plastic plates, utensils & straws.

Everyone says that smoking and other things cause cancer, but nobody ever says anything about all the damage plastic is doing. Plastic is everywhere yet largely remains ignored.

What you can do

The first and easiest thing you can do is to eliminate plastic from your life as much as possible. Consider a few things.

Stop buying and using plastic as much as you can. This includes plastic cups, straws and bags. Use paper bags instead. Paper will decompose very fast (2-6 weeks) if exposed to the elements, so using paper bags from the grocery store should always be a preference.

Drink water from glass or stainless steel. Glass takes 1 million years to decompose, and metal is not biodegradable. So choose stainless steel or (even better) glass bottles to store your purified water. It’s also much cheaper if you buy purified water in 1 or 3-gallon glass jugs as opposed to a small 8-ounce plastic bottle from the store.

If you live in a first-world country, there are state & government programs paid to haul the plastic waste away. But it doesn’t just disappear, it just gets dumped somewhere else, (like a third-world country) and then it becomes someone else’s problem….

Recycling is not enough

Why is recycling not enough? Because:
1. — plastic bags and other odd shapes can’t be recycled, and
2. — much of that plastic will still end up in a landfill somewhere, or in the ocean.

Cheap packaging materials make huge profits for soft drink and industrial companies and so they will continue to sell their products in such harmful plastic packaging as long as consumers continue to buy them.

It’s bad enough that most sources of drinking water are contaminated with microplastics, but you can significantly reduce your exposure to plastic by avoiding buying it and not using it as much as possible.

To recap:

  • AVOID: Plastic bags, Plastic water bottles, Plastic cups & straws
  • USE: Paper bags, Reusable glass bottles, Ceramic/metal cups & silverware

Remember, if you are not avoiding plastic you are contributing to the problem. Share your thoughts on plastic in the comments below.


Footnotes

[a] In 1941, Dow Chemical Company invented a proprietary process to make their trademarked and well-known polystyrene foam product, also called “styrofoam.”

Polystyrene (PS) plastic is a naturally transparent thermoplastic that is available as both a typical solid plastic as well in the (more commonly seen) rigid foam material.

Polystyrene contains the toxic substances Styrene and Benzene, suspected carcinogens and neurotoxins that are hazardous to humans. Hot foods and liquids actually start a partial breakdown of the Styrofoam, causing some toxins to be absorbed into our bloodstream and tissue. However many restaurants still put hot takeout (food-to-go) in a Styrofoam container.

[b] Tires today consist of about 19 percent natural rubber and 24 percent synthetic rubber, which is a plastic polymer. The rest is made up of metal and other compounds.

Although we loosely call them ‘rubber’, engineers really did reinvent the wheel. Vehicle tires are actually made from a complex blend of mostly synthetic materials and chemicals, including various types of plastic. 

The calc() function in CSS saved me today. If you need a table width to be 100% of a relative width container subtracted by a set number of pixels, you can do that like this.

.calculated-width {
    width: calc(100% - 100px);
}​

Some older (webkit/mozilla) browsers may also require you to use vendor prefixes so it will work on those user agents as well.

.calculated-width {
    width: -webkit-calc(100% - 100px);
    width:    -moz-calc(100% - 100px);
    width:         calc(100% - 100px);
}​

This is cool, but to be honest, calc() is just one of the many functions that are available in CSS3.

Other functions

You can also use the attr() function to display any attribute value from the currently selected element. This could have numerous valuable use cases.

a:after {
  content: " (" attr(href) ")";
}

Lastly, CSS3 also added the ability to create custom variables in CSS (declared by two dashes). It should be noted however that these do not work in Internet Explorer 11.

html {
  --myvariable: #F00;  
}

#div1 {
  background-color: var(--myvariable);
}

This is incredible. In CSS3 its possible to combine multiple CSS backgrounds together and/or even a gradient background too on the same element!

Let’s say you want to create a picture using two images and a gradient colored backdrop all together. First, lets create a container element in HTML.

<div id="photo"></div>

Traditionally you would write the CSS code with each background property on a separate line.

#photo {
    background-image: url("mike.png");
    background-repeat: no-repeat;
    background-position: center center;
    background-image: linear-gradient(#eb01a5, #d13531);
}

However, this isn’t necessary. In CSS you can combine multiple properties all together using the shorthand background property, so you can apply all those values together, and multiple instances of values can be added in a comma-separated fashion.

#photo {
    background: url("mike.png") no-repeat center center, linear-gradient(#eb01a5, #d13531);
}

There is one limitation I am aware of. You cannot fade multiple backgrounds together (without using multiple divs) because you can’t change the opacity of a CSS background image. You can only alter the opacity of DOM elements.

Keep in mind that older versions of Internet Explorer do not support multiple backgrounds, and it will obey the rules of cascading order which dictate that when two properties of equal weight are present, the last one wins. And all code that cannot correctly be interpreted by the browser, is ignored.

You can find more information about this topic in this stackoverflow comment here.

https://stackoverflow.com/questions/2504071/how-do-i-combine-a-background-image-and-css3-gradient-on-the-same-element