Friday, September 17, 2010

The Truth - Saving is the key to wealth!

Regardless of what anyone has told you, this is the truth:

Saving is the key to wealth - The rich are not rich because they earn a lot of money; the rich are rich because they save a lot of money.

If you do not spend less than you earn, and if you do not save the difference, you cannot build the wealth you desire.

You have to have a system. The easiest system is a percentage system.

Let's say you use the 10% system.

Pay yourself first, take the first 10% from your paycheck and bank it, invest it, squirrel it away, skim it, transfer it to another bank, take the cash and put in a savings deposit box, whatever you like, I don't care what you do with it, but put it away somewhere and just watch it grow over the upcoming months and years. It's that simple. And that difficult. Just do it.

To your success!

No comments:

Post a Comment