8. The law of income: you'll be paid in... - Deepstash

8. The law of income: you'll be paid in direct proportion to the value you deliver according to marketplace

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Vince Lombardi

β€œThe quality of a person’s life is in direct proportion to their commitment to excellence, regardless of their chosen field of endeavour.”

VINCE LOMBARDI

Zipf's Law

Zipf's law is a mathematical probability that states that in a given set, the most frequently used data value (or word) is used twice as often as the next most common value. This is true in various statistical sets like income distribution in companies, internet traffic, phone calls received, and...

How long it will take you to save enough

How long it will take you to amass 25 times your income is based on the percentage of your income you save.

When you save 20 percent of your income, assuming a five percent average annual return, you'll hit 25 times your yearly income in just over 40 years.

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