"A tenth of what I earn is mine to keep" is perhaps one of the most profound lessons learnt in the Richest Man in Babylon book.
As simple as the principle is, it will take diligent execution to really unearth the magic in it.
To be clear, the 10% is a minimum which means
As simple as the principle is, it will take diligent execution to really unearth the magic in it.
To be clear, the 10% is a minimum which means
that no matter the level of your income, you should save 10%. The 10% is not for rent payment or children's school fees but what you save after meeting all these needs.
If you struggle to save this 10% because the 100% is not even enough, you may have to look for ways to earn
If you struggle to save this 10% because the 100% is not even enough, you may have to look for ways to earn
more.
The goal is to strive to even save more. The more you are able to save, the earlier you attain financial freedom. Can you save 20% or 30% or 40%? I know some people that conveniently save 50% every month! Of course they earn well but they are also disciplined and are able
The goal is to strive to even save more. The more you are able to save, the earlier you attain financial freedom. Can you save 20% or 30% or 40%? I know some people that conveniently save 50% every month! Of course they earn well but they are also disciplined and are able
to control their expenses.
(to be continued)
(to be continued)
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