The Eighth Wonder of the World

Einstein allegedly called compound interest the eighth wonder of the world. "He who understands it, earns it... he who doesn't... pays it."

This applies to more than money:

• Knowledge compounds: The more you know, the easier it is to learn new things.
• Habits compound: Small 1% improvements every day lead to 37x improvement in a year.

Patience is the price you pay for the power of compounding.