Pay yourself first from "summary" of The Automatic Millionaire Workbook by David Bach
The concept of paying yourself first is a simple yet powerful idea that can help you achieve financial success. Instead of waiting until the end of the month to see how much money you have left to save or invest, you should make saving a priority. By setting aside a portion of your income as soon as you get paid, you ensure that you are consistently building wealth over time. Paying yourself first means treating your savings like a non-negotiable expense, just like your rent or mortgage. By automating your savings, you take the decision-making out of the equation and make it a habit. This way, you are less likely to spend your money on unnece...Similar Posts
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