“It’s not about how much money you make, it’s about how much money you keep”. Said every financial book I’ve ever read.
You must put money away. Let me repeat this: You must save money. This is not optional. Saving money is one of the best ways you can become independent and able to care for yourself and others.
So, how much money should you save? Well, you should save 10% at the very least. If you’re not doing this, you need to get right with your money and start right away.
Here are some real things people have said to me that scare the daylights out of me:
This is someone who went into retirement, then entered the workforce again: “We made a lot of money, but we spent it all.”
This is someone in his 30s who makes good money in the tech field: “I keep getting raises, but we never seem to have more money.”
Does it sound impossible to save 10%? What about saving half of your money? There is a whole movement online of folks who are doing it.
For your enjoyment, please check out:
https://www.mrmoneymustache.com/
https://www.biggerpockets.com/
https://www.youtube.com/user/MikeAndLaurenTV
And for more light reading, please check out:
Rich Dad, Poor Dad by Robert Kiyosaki. This is the first financial literacy book I read, and it lit a fire under me, and I’ve been reading, and planning, and saving ever since.
And The Millionaire Teacher, The nine rules to wealth you should have learned in school. By Andrew Hallam. This is the second book I read, and is just as exciting. Hallam talks about how he became a millionaire on a teacher’s salary.
There are many more where that came from. These are just a few of my faves.
It can be done folks. It just takes a little will power and creativity.
**I may or may not like the subject of personal finance. Just sayin’
ideastudios.blog 