19 Oct '11, 3pm

Compounding Time: Create More Free Time by Investing It Wisely

Compounding Time: Create More Free Time by Investing It Wisely

Unless you’ve been living under a rock, you know that compound interest is the foundation of investing. But what does compounding have to do with the other 8 hours? A great deal. How you invest your other 8 hours determines your happiness and financial success. If you squander this critical time, it’s like putting $50 under your mattress. It won’t provide you with any return. For that $50 to grow, it must be invested. For your time to grow, it must also be invested. We’ve been told that time is money. But is it possible that time can make more time? You can use the other 8 hours to increase your skills to make more money or become more efficient. If you make more money, you can invest the money and benefit from compounding interest. But if you use your time to become more efficient, you can also invest it and benefit from compounding time. Let’s see how this works. If you ...

Full article: http://www.care2.com/greenliving/compounding-time-create-...

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