Thread by @financeprivile1

DO YOU PAY YOURSELF FIRST?
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When do we pay our bills? Most pay immediately after receiving their income.

Do we have left overs? Most of the time "No" or "very little".

The main reason we struggle is we pay everyone first before paying ourselves...

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We pay ourselves last, only if there's anything left.

And that's how we struggle in life. We have bad habits.

This doesn't mean we shouldn't be paying bills. Even if you don't have enough money pay yourself first. Your asset column should be much important to you..

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..than your creditors.
Ofcourse if you don't pay they will come for you.

But how do you pay yourself first even if you don't have money? The query shouldn't be "how" but "why".

Whom do you think will complain loudest if you don't pay your bills? Your creditors or you?..

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..The answer is obvious - your creditors.

So after paying yourself the pressure to pay bills and other creditors will be big that it will force you to seek other forms of income. The pressure to pay becomes YOUR MOTIVATION. You will work extra jobs, start a side hustle,..

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trade in the stock market, & do anything to make sure the creditors don't yell at you. The pressure will make force you to think, work harder and all in all make you smarter and more active when it comes to money.

If you pay yourself last you will not have any ..

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..pressure to do extra but you will be broke

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