The Best Advice Ever About Money

The Best Advice Ever About Money



The Best Advice Ever About Money
Wanna know the​ best advice ever you can get about money?
Here it​ is...
Let's say that you are getting regular monthly salary from work and you are happy with it .​
Now,​ at​ the​ end of​ the​ month (and most of​ the​ time,​ two days after you get your paychecks),​ you wonder where all your money is​ gone.
You begin reasoning.
30% of​ it​ goes to​ house mortgage.
20% of​ it​ goes to​ car payment.
10% of​ it​ goes to​ credit card payment.
5% of​ it​ goes to​ utility bills.
etc,​ etc,​ etc...
That should be fine .​
I've got all taken care of .​
Next month,​ I'll get another paycheck and the​ same cycle goes on​ and on.. .​
enough for me to​ survive the​ whole life.
Well,​ you gotta be careful now.
What happens if​ your car broke down?
What happens if​ your kitchen needed renovation after a​ heavy storm last night?
What happens if​ you suddenly forgot that you've overspent your credit card?
What happens if​ you fell sick?
Things could be worse,​ and now is​ the​ time that the​ cliche Fix your roof on​ a​ sunny day is​ very much true to​ you.
You don't want this to​ happen to​ you,​ right?
There could be thousands of​ things that could go wrong in​ our lives but unless we​ realize that we​ need to​ prepare for the​ worse,​ we'll never get ahead of​ ourselves.
Sometimes,​ fixed salary could be a​ good thing for you because you can plan with what you want to​ do with your money on​ a​ predicatble basis .​
Though I​ strongly believe that you still need a​ secondary income - preferably a​ recurring secondary income - to​ improve your financial situation at​ any level.
And,​ the​ best plan to​ improving your financial situation is...
PAY YOURSELF FIRST.
That's right!
Regardless if​ you have $300,​000 of​ house mortgage or​ a​ $100,​000 savings in​ the​ bank,​ make it​ a​ habit to​ pay yourself right after you get your monthly paychecks .​
This habit will definitely help.
Let's see...
You've been paying everybody you owe every month .​
You pay the​ bills,​ the​ banks,​ the​ mechanics,​ the​ who knows who and you actually get nothing,​ except settling the​ scores.
There's just another person that you forget to​ pay - that is​ YOU.
Imagine yourself as​ a​ bill collector on​ yourself .​
No matter what,​ you have to​ pay yourself at​ the​ beginning of​ every month (I suggest 10% of​ your salary .​
The more is​ better) - or​ else you cease to​ function as​ yourself.
Never fail to​ pay your SELF and only after you pay yourself,​ then you pay the​ others.
Hard?
Yes,​ at​ first,​ but once you put the​ action of​ Paying Yourself First into habit,​ you'll actually enjoy doing it,​ knowing that you do good deeds to​ yourself.
Try it​ once .​
Then do it​ the​ second month .​
And then,​ another.. .​
and another.
PAY YOURSELF FIRST because you deserve much more than the​ other bill collectors.




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