📱 Idea: Drawing from years of firsthand experience as a seasoned freelancer, having hired thousands of freelancers for my company and mentored thousands of students who have collectively earned millions of dollars, I’ve garnered some insights into how much you can charge as a freelancer. I tried to put them into this calculator — have … Read more
📱 This calculator allows me to quickly determine the future cost of my current expenses by adjusting for an expected annual inflation rate over a number of years, simply by entering my expenses and selecting the inflation rate and time period using easy-to-use sliders. It instantly shows me how much more money I’ll need in … Read more
We will see a billion robots in all shapes—robots shaped like humans, robots shaped like animals, and robots shaped like novel creatures with specific skills. They will do everything for us in the real world, thereby allowing programming reality. It’s about digitizing the real world, and the boundaries between the real world and cyberspace will … Read more
Calculate the compound annual growth rate (CAGR) right here: 👇 Calculate CAGR 📈 The compound annual growth rate of your investment is: 💡 The Compound Annual Growth Rate (CAGR) is a useful measure that provides a smoothed annual rate of return of an investment, asset, or business metric over a specified time period. Unlike simple … Read more
This calculator gives you a simple idea of whether it’s better for you to buy vs rent — given your individual assumptions: Monthly Rent: House Purchase Price: Down Payment: Interest Rate (%): Loan Term (years): Annual Growth Rate of Real Estate (%): Investment ROI for Renters (%): Calculate Net Worth Not financial advice! 🙂
The Finxter mission is to help you stay on the right side of change. To do that, you need to own or control assets because the economy consists of capital and labor. When do you reach financial freedom under different investment assumptions? Let’s find out! 👇 Initial Value ($): Monthly Contribution ($): Annual Return on … Read more
Based on the latest scientific research, here are five evidence-based tips for individual wealth accumulation: Tip 1: Manage Your Mind and Money Be aware of your cognitive biases, reduce financial dependency, and understand your risk tolerance. Practice tax-efficient strategies and balance work commitments to enhance your financial and life satisfaction. Check out this table exemplifying … Read more
Application 1: Predictive Analytics in Retail AI-driven predictive analytics help retailers forecast inventory needs, consumer demand, and sales trends. Examples: Amazon uses predictive analytics to optimize inventory and recommend products; Walmart leverages AI to forecast sales and manage stocks efficiently. 🧑💻 Recommended: Get Rich with OpenAI — 20 Ways to $100,000+ Using AI as a … Read more
The previous graphic is from McKinsey (source) and shows that traditional players in the financial industry (banks!) are aware of the threat AI poses to their business models. With the convergence of crypto and AI, the disruption is coming quickly. And companies with higher satisfaction through AI make more money! 👇 By the way, Finxter … Read more
What Are Cutting Edge Technologies in Banking? Cutting-edge technologies and applications in banking use to optimize their operations, automate processes, and deliver great personalized services. You can find more applications in our blog here and in the following list: 👇 Top 26 AI Applications in Banking Application 1: Large Language Models for Customer Service. AI … Read more
💡 Disclaimer: I own TSLA and this is not investment advice. Most people, when thinking about Tesla, primarily consider its car models like the Model 3, Model S, and the recently launched Cybertruck. Enthusiasts often discuss its role in promoting safe driving, the potential of its robotaxi fleet network, and the expected profits these innovations … Read more
Income Calculator To calculate your income percentile (US data), enter your current age and gross income (pre tax) and hit “Calculate”: Enter Your Age: Enter Your Income ($): Calculate Percentile For instance, if you’re 40 years old and you’re making $120,000, you’re in the top 10% of earners: How Did You Calculate This? The data … Read more