Compound interest is the 8th wonder of the world. He who does not understand it, pays it. — Einstein

Invest your money, earn interest. Then, earn interest on (your money $ + interest earned $), rinse and repeat. Here’s a chart:

[INSERT Chart: $1000 ~ 5,10,20 years @ 7%]

1% daily : (1.01)^365 ~ 37

3% daily: (1.03)^365 = 48482.7245

4% daily: (1.04)^365 = 1648803.29

Effects can be positive or negative

Expands far beyond what we usually apply it to in order to understand it (exponential charts)

Problems

When things go wrong, and they inevitably do go wrong, complexity compounds issues that can spiral out of control into total disaster.

— Jocko Willink & Lief Babin, Extreme Ownership (p.140)

Time

Your time, if spent intentionally, can yield a happier life (less stress, more content) and even… more time.