Here are some rules you should follow if you want to see the magic of compounding.
#1 Start investing as early as possible. This way, you can create a solid base for your corpus to grow and expand in the future with the help of compounding.
#2 Raise your investments by controlling your expenses. The power of compounding will work whether you invest Rs 10,000 or Rs 50,000. However, if you invest a substantial amount, the interest you earn also increases significantly.
#3 Have patience. Wealth creation is a slow process.
Once the corpus reaches a tipping point, you will start seeing a marked difference. The corpus will grow substantially with each passing year past this point.