Power of compounding | Compound effects

 Are you also among those who do not know about the compound effect at all and do not know what this compound is and what is the power of the compound and you are interested in knowing it, then you must read this article. Let’s understand this with an example.

If you are given two possible options, the first is that you take $ 3 million in cas and the second, or if you keep a penny doubling every day for 31 days, then which option will you choose? Obviously, you will use the first option mostly. People would do this because listening to 3 million dollars in the first option, you are feeling more money and it is getting in the case together, but if you apply the second option a bit mathematically, then the value of a penny option is 31 million dollars after 31 days. You will be equal to your surprise. Because the value of the second option is $ 7 million more than the first option. And this is the compounding effects or the power of the compound. This means to say that you take small steps in your life. The above option also started a penny and became valuable after a few days and if you also take small steps or actions, then you will definitely be successful one day. You have to work a little patiently and wholeheartedly because no one becomes successful overnight and no one becomes rich, he also has to work hard in starting, then a person can be successful in his life and you must have heard this There is no shortcut to success.

One good thing about the compound effect is that you can follow it anywhere. And in the same way, Aurther save money to buy his first mobile. He made a target that I will save 70 percent of my salary. For this, he also read his party and abandon his socks. He can no longer wear new shoes and clothes. But he did not insist on taking his favorite phone and one day, when Orther got his goal and was in his friend who had his first phone.

 Do you also save money to buy something like Ather and if not then you can also make any thing your own by using the formula of compound lot.