One of the biggest myths about memory is that your brain only holds so much information and there is no point committing anything to information when you can easily look it up.
It is certainly true, that you can’t remember everything and you must be selective about what you learn, but all our evidence suggests that the more you know the easier it is to learn new material. Knowing facts about the world, knowing background, history, and context improves memory. Psychologist James Weinland pointed out;
“Memory is in one respect like money. The more money one has, the more interest it earns, which increases the capital and earns still more money. The more memories one accumulates, the more easily new memories are accumulated, which increases one’s memory capital and earn more memory interest. Memories breed memories.”
peakmemory 
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