Pay ourselves first
We hear all the time people live paycheck to paycheck
And another – people don’t have a retirement plan..
They’ve missed this one key concept in life
And if they made it a habit, they would live a drastically different life in the years to come.
The key concept is paying ourselves first – no matter what.
It could be 10% every single paycheck (like we do)
make something up that works for you but stick with it no matter what.
Side note: I prefer the 10% each paycheck because our income should grow with time.
First we may save $100 a month, then $500, then $1,000 vs the alternative which is to save a set amount each month – say $500.
The reason I prefer the former is because our savings grow with our increased income
regardless, the earlier we make this a habit, the better off we’ll be.
Joey DiAndrea 