What exactly do I mean by this?
If you use up your entire salary every month without putting some of it away for yourself, youll never create financial wealth and freedom and have the life we all so much desire.
By paying yourself first you FIRST save some of your salary that you earn every month and then live on the rest!
Now I know that for some this is easier said than done. Most of us dont start paying ourselves first when we, as young people, get into the working world earning our first few bucks. Being happy about our first salaries, we dont think or worry much about what will come at a later stage in our lives.
By the time most of us finally realize that we have to do something to sustain ourselves and to maintain our standard of living even after our working life, a lot of debt has, more often than not, accumulated already and many are too busy paying off these debts every month with the result that most people dont have enough left to save.
Now Im not talking about debts like mortgages on your house or similar debts to that effect. Im talking about these silly little consumer debts or unexpected debts and bills that get dropped into...
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