Have you been harnessing the incredible power of compound growth? Well, if you haven’t here’s a breakdown of what happens when you start the process.
At its most basic form, compounding is when you add interest to the principal sum of deposit, in other words, interest on interest. For instance, when you reinvest this money over time it has a dramatic effect and makes your rich in the process.
For example, did you know that if you doubled a dime twenty times you would have over 100,000 dollars? Don’t believe us check the table below. 👇
|.10x2 =.20||.20x2 =.40||.40x2 =.80||.80x2 =1.60|
Isn’t that outstanding? It just goes to show, that no matter how small the contribution over time it has amazing multiplying power. If you apply this tactic to your mind, body, and economics you’d certainly be rich indeed. Rich in health, rich in wisdom, rich in prosperity, and rich economically.
Imagine using this technique and applying it to become 1% percent every day. Whether if it’s by reading, going for a walk, or skipping dessert. You would make dramatic changes in your life with little to no effort.
The best part of this compounding effect is that it doesn’t how small you start, these seemingly insignificant efforts have an amazing effect. It doesn’t take heroic acts of bravery to do little things like taking the stairs or drinking water, but you can see how it quickly adds up.
Let’s use reading as another example. By taking the time to read just seven pages a day, you will have read 210 pages in 30 days, which is about one book a month. That’s 12 books a year and more than double the national average. Imagine all the knowledge you will gain by using this effortless method.
These same tactics work with diet and exercise. We’ve all seen the transformation images of workout regiments, so it leaves little to the imagination. The bottom line is these methods apply to every aspect of life.
By combining this progress with purpose, you’ll have a killer combo on your hands. You’ll find it easy to shatter any goal and raise your standard of living. Now, I challenge you to take the compound challenge and pick one new habit to implement today. Start out small and watch how you grow into the person you always knew you could become.