Money Tips 365 Day 2 – Save It’s not how much you earn that counts…

Money Tips 365 Day 2 – Save It’s not how much you earn that counts…

Money Tips 365 Day 2 – Save

 

It’s not how much you earn that counts, it’s how much you keep that makes you wealthy.

 

The average person can build wealth without a high income, but you cannot build wealth without a high savings rate.

 

Watch video version – https://youtu.be/1AZByhELOo4

 

We cannot easily control the return on investment, but we can easily control our rate of savings.

 

I’ve known many clients on average incomes become wealthy, but many more on high incomes end up broke.

 

Get into the habit of living on a percentage of your income for life’s essentials, and saving and investing the rest to build wealth.

 

The wealth that you accumulate through your savings efforts will be what is left over after you’ve spent the rest on living.

 

Exercises for today

 

Start with what you can get started, and from the habit of saving a percentage of your income.

 

What percentage of your income do you save right now?

 

How much can you start saving right now?

 

Save for short-term emergencies, medium-term goals and retirement.

 

Join my Money Tips 365 Supporters Club on Spotify: –

https://podcasters.spotify.com/pod/show/charles-kelly/subscribe

 

#money #savemoney #investing #retirement #pensions

Post a Comment

#Follow us on Instagram