Happy National Savings Day! Now this is a holiday we can get behind!
If you really want to plan for a successful future, take note of these golden nuggets that myself and my company live by on a day-to-day basis.
- You must save 10% of every dollar that you make. So if you are clearing $5,000 a month now with your job, you need to be saving at least $500.
- You must put the money you save aside into a vehicle that can make you more money. Where do you put it aside you ask? Well, we will talk about that in another lesson, but it starts with Tax and ends with Deeds.
- You must take the profits from that investment and reinvest them so that you can benefit from the graces of compounding interest.
Now, I know that may sound remedial to you, but over 99% of the students we speak with don’t heed to the advice above when we first meet them.
Remember the most important savings plan you can have is one you will actually follow!
If you are inspired by this video and would like to learn more about how you can partner with our team, then text “AUCTION” to 909.344.5272 and we will be more than happy to discuss all of the possibilities with you!