Tag Archive for: Tipping Point

Tipping Point

Tipping Point

Tipping point can be defined as ” the point at which an issue, idea, product, etc crosses certain threshold and gains signifiant momentum, triggered by some minor factor or change”. I would loosely describe it as the point in which all of your previous hard work has made you better and things finely start to fall into place as you have improved rather than situations have become easier.

Say for example that you have continued to put away in a savings account $50 from each pay since you got your first job when you were 15 and you are now 25. Not accounting for compound interest or investment returns you would have saved 13,000. While this might not seem like a lot, if it allows you to pay off debt or further add to your down payment on a new … Read more