From the course: Build Sustainable Wealth and Get Out of Debt
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Putting 10% of your income to savings
From the course: Build Sustainable Wealth and Get Out of Debt
Putting 10% of your income to savings
- Your savings should be set aside every pay period. If you get paid every day, set aside 10% of your income every day. If you get paid every week, set aside 10% every week. If every two weeks or once a month, set the 10% aside accordingly. For this discussion, where you save your 10% isn't important. The most important thing is that you are saving and you will feel the nobility of this act as you gain the well-deserved self-respect you earn by not spending everything you make.
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