One thing you need to know about life and about how to make money is compound interest.

Now before you say Bill, I've heard about compound interest before.

Let me just tell you a little bit about what compound interest can mean and why so few

people talk about compound interest.

I believe Albert Einstein once called it something like the greatest force in nature

was compound interest.

And so for a second, I want to understand what is compound interest.

Well, the human brain cannot understand exponential numbers.

What do I mean?

What I mean is that the human brain can only really understand small numbers and round

numbers.

For example, as I understand it thousands of years ago, right, we knew of one apple,

two apples, three apples.

But it's very hard for somebody to understand exponential growth.

An exponential growth, frankly, can happen through compounding of interest.

Now we could talk about money in a second or we could talk about something that leads

to money, which is compounding information and knowledge over a long period of time.

And that's what we get with compound interest.

Let me give you an example.

Let's say that you wanted to be a plumber and you were 18 years old or let's say 20 years

old or let's say 40 years old.

Well, what could you do to take advantage of this law of nature as I call it, which is

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