When I was in my M.B.A. program, I had to take a finance class and an economics class. Now, if you know me, the creative me, I am not the crunching-the-numbers person, although I do pretty well with managing budgets and schedules, I am not fascinated by running pivot tables or differential calculus. Watching the trades on the stock market never excited me. That said, there were a couple things that I do remember from the classes that are on my mind this morning. The time value of money and the law of diminishing returns. The former essentially means that if you invest and let it sit, the money will eventually grow exponentially so it is best do start young, that is, if you have anything to start with in the first place. Even a little bit, kept over time, will grown to a lot. Mustard seeds, if you will, a small level of faith in starting something will eventually become quite large if you have the patience and resist the fierce-urgency-of-wanting-it-now. The second principle was th...
life, really, and a latte by TayƩ Foster Bradshaw