Power of compounding
My Dear Blog,
The law of compounding is quite famous in Financial world. If you invest small amounts of money regularly for a really long time, you will end up having a really large sum of money. For example, if you invest $100 every month for 55 years, even though you have just invested $66,000 but you can end up with whopping 17 times of this money, which is more than 1 million ($1,118,000 to be more specific). This is assuming you will get a 10% interest on your money. This trick is used very often in saving for retirement. They money became 17 times due to the power of compounding.
The key element in this trick is “the really long time” to invest and “regular investment”. The amount of money to invest does not matter as much as the above two.
Enough of theory. I think this law of compounding does not limit just to financial matters. It can help you with your other areas of well being - health, professional, social, emotional, relationships etc.
Key ideas to repeat -
1. Does not matter what or how small are your health related efforts
2. Does not matter when you start
3. Whenever you start, it matters that you make continuous small efforts towards health and try to do it for a really long time.
The benefits you would reap would be manifold.
