Pay yourself first from "summary" of O homem mais rico da Babilônia by Mitch Horowitz
The principle of saving one-tenth of your earnings before paying any other expenses is a simple but powerful concept. By setting aside a portion of your income for yourself first, you ensure that you are always paying yourself before anyone else. This practice allows you to build wealth over time, as your savings grow and accumulate.
When you prioritize saving for yourself, you are establishing a foundation for financial security and stability. This means putting your own financial well-being first, ahead of any other obligations or desires. By consistently saving a portion of your income, you are creating a safety net for yourself and your family, protecting against unexpected expenses or financial downturns.
The idea of paying yourself first is not about being...
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