Sep

20

Pay yourself first


Before paying any bills or buying a delicious burger, PAY YOURSELF FIRST. Take a part of what you earn and bury it in your backyard (or put it in the bank or somewhere where you can’t see it).

Even if it’s just a little, you will AUTOMATICALLY adapt to living without it. We’re human. We’ll Survive without it.

And the cool thing is that eventually over time, you’ll have a nice pile of money to sit on.

I have part of my paycheck go into various 401(k), IRA, index funds, and money market accounts. I DON’T NEED TO DO ANYTHING TO PAY MYSELF FIRST since the money is taken out on the same day I get paid via electronic transfer.

You know what happened? My lifestyle adapted without that money. And I’m still alive.

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