Compound interest means that after each interest calculation period, the interest generated must be added to the principal to calculate the interest for the next period. In this way, in each interest calculation period, the interest in the previous interest calculation period will become the interest-bearing principal, that is, interest is used to generate interest, which is commonly known as "interest compounding".

The compound interest formula is "F=P(1+i)?", where "F" represents "Future Value"; P represents "Present Value"; "i" Represents "interest rates"; "n" represents "number of interest period".

The compound interest formula of life is "F=P(1+i)?", where "F" represents "the future state of life"; "P" represents "the current state of life"; "i" represents "Daily growth"; "n" represents "duration".

In the life compound interest formula "F=P(1+i)?", "P" represents the current state of our life, which is an objective "state" caused by past growth. exist". This objective "existence" does not depend on our will, which means that we cannot change our "P" value at a specific point in time. In order to focus more on the factors we can influence and change, we simplify the life compound interest formula "F=P(1+i)?" to "F=(1+i)?". At this time, the "life compound interest curve" removes the influence of the starting point "P" value, leaving only the influence of the growth part "(1+i)?", so we call "F=(1+i)?" Growth and Compound Interest Formula.”

The growth compound interest curve is as follows:

Without the influence of "P", each of us becomes "1". This "1" enlightens us that what we should do most is not to compare ourselves with others. What we should do most is to compare ourselves with ourselves. Compare today's self with yesterday's self, and compare tomorrow's self with today's self. . This "1" enlightens us that what matters is not how far behind others we are, but whether we have started to take our first step. Truly efficient people understand the principle that "there is never the best time to start." They always choose a "bad start" immediately after deciding to do something, and then continue to adjust and modify to achieve "good development". In the end, it comes naturally There will be a "good outcome". This "1" also enlightens us that every day we are a brand new "1", and every day is a rebirth. We should always maintain an empty cup mentality and always remind ourselves that "the past does not equal the future."

?"i" stands for "daily growth". Of course, the bigger the "i" value, the better, but the first thing we have to do is to ensure that "i" is a positive value, and then we work hard to expand this positive value. Buffett's famous saying, "Life is like a snowball, the key is to find wet enough snow and a long enough slope." The "wet enough snow" is to ensure that "i" is a large enough positive value. If you want to feel the huge difference between positive and negative values ??for "i", just look at the following two sets of calculations:

? "n" represents "duration". Buffett's famous saying, "Life is like a snowball, the key is to find wet enough snow and a long enough slope." The "long enough slope" is to ensure that "n" is a large enough value.