## Compound Interest: The Formula to Make You Rich

One of the formulas for financial success comes from is **compound interest**.

If you invest your money carefully overtime with a form of compound interest it will make you rich.

When you let money accumulate with compound interest over a long enough period of time it increases more than you can imagine.

## Einstein Quotes on Compound Interest

*“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.”*

*“the greatest mathematical discovery of all time.” *

*“The most powerful force in our society.”*

## Rule of 72

This is the calculation of your money doubling at any interest. It would look like this.

#### Years to double = 72 / interest rate

You divide the interest rate with the number 72. You don’t have to be a mathematically genius such as Albert Einstein was to understand how this works. It’s pretty simple, you can see an example of Rule 72 here.

## 4 Wealth Tips

I listed below **4 wealth tips** to help you with compound interest. I was inspired to write about **Compound Interest** when I first listened to The 21 Absolute Unbreakable Laws of Money. I highly recommend listening to this audio. Enjoy these great wealth tips.

Tip 1 – The Law of Expectation

Tip 2 – The Law of Attraction

Tip 3 – The Law of Correspondence

Tip 4 – The Law of Abundance

## Does Your Money Compound?

The man of the one hundred dollar bill understood compound interest. Why do you think he said,*“A penny saved is a penny earned?” ~Benjamin Franklin *Are you currently taking advantage of compound interest? Share your thoughts on compound interest.

Tom Doherty

*“Your income grows as you grow personally and professionally.”*

Skype: tom–doherty

Phone: 631-241-9623 (text or call)

Email: tom@tom-doherty.com