<p style="text-align: left;">There is a famous story about chess that goes like this. There once was a King who was a chess enthusiast and an expert. He kept challenging everyone to beat him and finally one day a sage won over the king. The king offered to give him whatever reward the sage wanted.</p> <p style="text-align: left;">The sage asked as follows:<br>“<strong><span style="color: rgb(53, 152, 219);">Oh! Emperor, my wishes are simple. I only wish for this. Give me one grain of rice for the first squ<img style="float: right;" src="https://static.vikaspedia.in/mediastorage/filestorage/20251011202318_content(1).png" alt="Uploaded Image" width="453" height="302">are of the chessboard, </span></strong><strong><span style="color: rgb(53, 152, 219);">2 grains for the next square, 4 grains for the next and so one keep doubling the number of grain</span></strong><strong><span style="color: rgb(53, 152, 219);">s t</span></strong><strong><span style="color: rgb(53, 152, 219);">ill the 64th square</span></strong>”</p> <p style="text-align: left;">Without even thinking twice, the king ordered the servants to fulfill the wish of the sage. They started putting the grains on the chess board.</p> <p style="text-align: left;">By the time they filled the 4th row, the king realized that he has committed something which he cannot fulfill.</p> <p style="text-align: left;">Can you guess how much many grains will be there on the 64th Square?<br>18,446,774,073,709,551,615 number of grains and it was supposed to weigh 461,168,602,000 tons. This is around 1000 times the global production of rice in 2010.</p> <p style="text-align: left;">There are number of versions of this story told by different people. But the moral of the story is the concept called “Power of Compounding”.</p> <p style="text-align: center;"><span style="color: rgb(132, 63, 161);"><strong>Number of years we save is more important than the amount of money we save.</strong></span></p>