Be curious. Look outside your normal thoughts and peer group. Discover why one person likes fire and another doesn’t. They both can have a very good, sensible reason for their position.
The vast majority of people want the same thing. And mostly for the same reason. Many will even concede they’d be happy with various methods to make the desired outcome.
But then some people get tribal, competitive and socially influenced. Why is that? It’s like a giant magnet. ????
Wonder why this happens. The secret of the universe is in there.
Financial compounding is sometimes considered a wonder of the world. However, you can see compounding in nature too, if you look for it.
Let’s first review the common example of a penny doubled every day for 30 days. Would you rather be patient for 30 days or have $1m today?
Being patient pays off. After 30 days of doubling, that humble penny will be worth over $5m!! This is why consistent and frequent saving and investing is important for financial freedom. In the longer run, the difference can be very large.
We see compounding effects elsewhere too. Global population growth has shown strong growth over the last 100 years. It took thousand of years to reach the first billion people on Earth (1804). The second billion took 123 years. The third billion was only 33 years after that. You get the picture.
You also see this in animals, rodents, bugs, birds etc. And think how a chicken can produce one egg per day. Get a rooster involved and you can soon have dozens of chickens laying eggs and producing more chickens And more eggs to eat. Now some people aren’t so patient and want to eat the chicken for meat on day one. And then struggle or starve after that.
Think ahead, be patient and let nature take its course. When you see compounding in nature, use it to your benefit.
We focus on our day and get the basics done. We plan, we schedule and we sort out admin. However, when do you let yourself dream?
Dreaming about how life could be is an essential part of life. If you don’t let yourself dream now and then, you could get stuck in the mundane aspects of life.
Dreaming allows you to use your creative muscles. It also gives you inspiration and hope. Dreaming is the starting line, visualisation is the race and success is the finish line.
Make sure you are following your dreams and not those of others. Living vicariously is useful now and then, but it is not the best strategy for your whole life.
If you don’t design your own life plan, chances are you’ll fall into someone else’s plan. And guess what they have planned for you? Not much.
Open the window to your imagination and let your dreams soar
Exercise your dream muscles today. Set a timer for 5 minutes, or 15 minutes if you can. Get comfortable in a chair or on a sofa. Close your eyes and let your mind get curious and allow your imagination to take over.
What would your ideal life look like? Imagine whatever you like. Do not be restricted by your thoughts about how and when and possibility. Just start considering what your life could look like, if you let it be what you would like it to look like.
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
Henry David Thoreau
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