Continuous Improvements

Continuous Improvements

If you invest $100 on January 1st and earn 1% compound interest every day, by the end of the year you will end up with $3,778.34. That is more than 37 time what you initially had.

If on the same investment, you lose 1% compound interest every day, by December 31st you will see $2.55 in your account.

This is a simple idea of marginal improvements from the book Atomic Habits, by James Clear. Although applied in a slightly different fashion, the underlying tone is that incremental steps are easier and more attainable than large chunks of work. It is easier to spend 1 hour a day for 10 days working on  school essay than cramming in 10 hours of work into one sitting.

So next time you have a large project or a task to complete, try breaking it down into smaller steps and then spreading these over a longer period of time. If you  stick to that plan, you will get an extra dose of motivation and a sense of accomplishment as you complete each step.

Thanks for your time.

Until next time