When I say BALANCED, I am referring to a long term individual, who is a complete human, and I quote it refers to years of hard work, be it anything, life, work, family and commitment to society, but I am here to refer the most widely known, reference known as the power of compounding for life, and focusing on long term value and not settling for the short term. There are many risks involved but the ultimate is to sail through the ocean and bring about freedom in life and wealth.
Power of compounding is essentially an act of 'adding interest on interest,' i.e. the amount of time you invest will generate value from both the initial time spent and the awareness and guidance it holds Eventually, thus, power of compounding helps grow your wealth and also attain virtue of freedom over time
We have all had this stage, where we have had our mentors carrying down consistently that apart from studies, you got to focus on the other extracurricular be it sports, or other activities and many days, the usual saying goes, to improve your language you got to read your daily newspaper, as we go forward in life, we move out of our higher education and get enrolled for the next level of education where many decide one thing be it the course the family wants, or be it the studies the individual wants to do something, and gets the freedom to go through a wide range of material throughout his basic graduation in college.
All through life, we understand that we read and become and go through an enormous process of advancement be it the phone we use, or the material we use for learning and development. All this holds a greater value to us, when we think about and take our first Job, the dreams, of finally independence and start to live life the way we want, but fortunately or unfortunately, majority instances it doesn’t end up like this.
At this hour of time, like all I would like to tell you the values that you can imbibe be it school be it college, be it college or be it the place we begin our career and earn for living, in all this we realized that the art of pleasing is a top priority and we lose quite a lot of time, with it, but rather if we focus on what matters our priority! Like the one thing! That matters referred by Jay Keller we tend to shift our focus and a whole new development transforms our living.
We understand and by the time, we decide to do something, the others aspects of life begins and we lose the race. Understanding the power of oneself, there is a lot of things, which can be transformed to doing what’s priority to becoming independent and free in all forms of life.
Today’s generation amidst pandemic, is a complete shift of the transform of life from one level to an different experience which many are still looking to understand, I believe, that we still looks for the would’a should’a but rather the mindset needs to be like I did is the ultimate task that matters to all of us.
The power of compounding I referred to will not bring a drastic change, if we are to settle in life for the smaller things, but rather if we look at the long term perspective, then all this matters, the same example of reading news paper, can help you to improve and improvise your language but also helped you to get a job.
Investing the minimum and saving for the long term, must the focusing aspect of every individual to attain financial freedom, a lot of people speak about the investing but I suggest why not take it up to understand the financial vocabulary, like how the word is pronounced why not look up to learn the basic of finance world, that can help to bring a clarity in what we invest for the long term.
Always gently remind our self, the single actions does matter most in life and that we need to accept the reality with patience be it investing or be it the house we buy, all holds value but do we wait to see it? Is question I leave with you for thoughts!
Joseph Kamal Francis
