Since I was young, Iāve been fascinated with the way money is used to magnetize more money.
I still remember as a kid the first time I looked at my little savings account passbook and saw interest added on top of what I already had. The idea that money could quietly work for meāeven while I was asleepāblew my mind.
Thatās the power of compounding.
(Book plug: The Compound Effect by Darren Hardy)
And compounding doesnāt just happen with money. Think about learning a new skill or building a relationship. Every small rep stacks on the one before it. Until one day, the results feel exponential. A few pages read each day turns into a library in your mind. A few intentional conversations can eventually transform into a deep, life-changing network.
Fast forward to today, and itās probably why the Infinite Banking Concept resonates so strongly with me. Itās the same principle, just leveled up: putting your dollars to work, over and over, instead of letting them sit idle.
One example from my life was when I decided to become a runner. š
Running was always a thing I did, but it was usually a component of another game or sport. Not the whole enchilada. But when I decided to "just run" as long and far as I could, it was unimpressive. But I kept doing it. And by the time I completed my first 10K, my lung capacity, lower body endurance, and stride at all improved. So I kept going with it and eventually completed the NYC Half Marathon under my target time. Credit compounding at work. (That was 2017, and let's just say that reverse compounding has been in play for a while now š)
Hereās a thought to chew on:š If compounding is always at workāwhether in money, skills, or relationshipsāwhere is it working for you right now⦠and where might it actually be working against you?