8th wonder of the world einstein4/26/2023 Many people try to become 1 percent better every day. “Habits are the compound interest of self-improvement” - James Clear Our habits compound even though it goes largely unnoticed in everyday life. Our habits, relationships, and health are also affected by this principle. Compound interest is the principle that made this possible.Ĭompound interest doesn’t only affect finances. Currently, it trades above $400 000 a share. Warren Buffet bought Berkshire Hathaway stock for $7.50 a share decades ago. If we invest wisely, compound interest will make us richer over time. Then, compound interest is working against us. If we take up credit card debt, our financial situation can be in terrible shape a few years later. He who understands it, earns it he who doesn’t, pays it.” - Albert Einstein. “Compound interest is the eighth wonder of the world.
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