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RE: Compound Interesting

in LeoFinance2 years ago (edited)

I think this is life in a nutshell. The actions we take will invariably lead to bigger results down the road. Whether they be positive or negative.

That said, as a young kid, I marvelled at the power of exponential growth via percentages when I was presented with that quiz scenario of "taking a lump sum amount of allowance or starting with 1 cent a day and doubling it everyday for a month".

That was probably when I realised, in my own little way, that compounding brought about huge results.