Sunday, February 9, 2025
In the "VKa Money" From The House of THE ECONOMIC TIMES Published on February 9-15 2025 issue. Previous images, other image- information can be seen by clicking on "Older Posters" button at http://hosabettutoons.blogspot.com/. ( Note: This is Google translation).
'Chitra' Mani Darpan:
What is the Power of Compounding Magic?:
Practically you learn a new thing this week, the importance of finances. Scan the QR code given above with the help of scanner on your mobile. You can watch the full video on YouTube. Now take Vika Money or any newspaper in front of you. How many times can you fold it? Six, seven, eight times? Yes, you can only fold a newspaper eight times.
You must have realized that the size and thickness of 'Vika Money' should be increased if you fold it more times than that. Now coming to the point thus folding can be compared to 'power of compounding'.
A great weapon for growing money in personal finance is the power of compounding. Imagine the principal amount I am getting interest in while unfolding the paper and imagine the money growing as it folds. As folding experience increases, you will come to know the power of compounding. If the same formula is applied to investment, compounding increase, more money will be yours.
You are given not only the QR code but also the YouTube video link. Using the link, effectively understand the power of compounding
https://www.youtube.com/watch?v=AmFMJC45f1Q&t=199s.
:Satirical Film-Writing: Vasantha Hosabettu
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