How to pay yourself first?

Views: 384 When we receive our salary, almost all of it quickly goes to paying others (aka paying bills). This is true for people with high salaries as well as meager salaries. As people more earn more, they simply increase their expenses. Buy a bigger house, buy a more expensive car, buy new furniture, whatever else. So the entire salary is spent paying others, leaving nothing for yourself. Paying yourself means putting money aside that will take care of you in financial difficulty. Your clothes and shoes will not buy groceries if you lose your job. Your savings will pay …

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