Mark and E-liz discuss what compounding is what does the compound effect mean: a strategy of reaping huge rewards from small, seemingly insignificant actions.They discuss how small decisions add up over time and how they use this process in their day to day life - hint: E-liz cooks at home a lot"Compound Interest is the 8th wonder of the world.  He who understands it, earns it;  he who doesn't, pays it."  - Albert EinsteinThe Compound Effect Steps to Reach Any Goal:1. Set and prioritize your goals   - ask: What do you want to accomplish in the end?   - Ex: E-liz' house hunt - she's trying to bag a trophy house but she's finding it much harder than deer hunting           or Mark's exercise & nutrition goals2. Write down all tasks necessary for achieving that goal   - ask: What would it take to...   - Ex: ...run/jog 1 mile without stopping? ...save up money for an emergency fund or to buy a house?  ...lose 10lbs?  ...start a 401k?3. Register what you are doing throughout the day and plan your tasks   - ask: Does this activity/choice help me accomplish my goal?  Or not?   - Ex: That $5 coffee once a week adds up to $260 a year - could that money be better spent?  also discussed: walking 10min at a time vs tv watching and breaking up a task into more manageable pieces to more easily achieve it.4. Monitor your Progress   - ask: how can i better monitor this task to hit daily and weekly goals?   - Ex: Financial goals - look at your weekly spending to make sure you are moving towards creating an emergency fund            Fitness goals - log your 10min walks (or any other activity you do like pushups etc) to make sure you hit your weekly baby step goal           Nutritional goals - log what foods you ate.  Ask were my food choices today better than yesterday - and will my choices tomorrow be                                           better than today? Am I feeding myself what my body needs for fuel and building muscle?5. The Secret Ingredient   - ask: Am i being steady and consistent? or do i give up too easily?   - Remember: "Slow and Steady wins the race"And finally, Mark wraps up with an update on his "fun" procedure from last week.

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