“Business and life are like a bank account. You can’t take out more than you put in.”

—William Feather, 20th Century American Writer and Publisher

image of a piggy bank with a gas meter on it

Image from Stevemgus.com

When you were little did you have a piggy bank in which to save for that special something you desired? Did you have chores or another way of investing efforts to earn more and add more to your small fortune?

When I entered school we were all encouraged to start a savings account. We would grow our tidy sums with the promise of a bonus—called “interest”—that would add even more.

Today, most of us contribute to our IRAs, 401Ks, and other investment vehicles, in order to grow our net worth and provide the financial security and independence we all desire.

EXERCISE:

Where and in what ways can you invest your personal and professional efforts to reap the compounded interest of a life focused on giving and contributing to others?