PAY YOURSELF FIRST! Why and How | The Number 1 Rule To Make You Rich

If you want to be rich you need to PAY YOURSELF FIRST! Here I explain how to avoid the common mistakes people make when trying to follow this simple rule.

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Paying yourself first is the golden rule to building wealth which the rich understand and the poor and middle classes don't.

This little nugget of advice has been around for a long time, and is thought to have first been brought to the public consciousness by the book 'The Richest Man In Babylon' - one of the best selling personal finance books of all time, originally printed in 1926.

It has been repeated in other international best sellers such as Rich Dad Poor Dad, published around 75 years later!

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But still, MOST PEOPLE FAIL TO PAY THEMSELVES FIRST.

We are taught to pay our bills first, and if we have anything left over, save that... BUT THIS IS THE WRONG WAY ROUND!

You must always automate your savings and pay yourself first - the money you put aside is yours and nobody else's - it is the money that is to be used to retire early with financial freedom.

OF COURSE WE MUST PAY OUR BILLS, but not at the expense of ourselves, so if you find you do not have enough after you've paid yourself first you must either find a way of reducing your other outgoings, OR EARN MORE MONEY.

Watch to learn how to pay yourself first and create the foundations of future financial success!

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Видео PAY YOURSELF FIRST! Why and How | The Number 1 Rule To Make You Rich канала Chris Bourne - Tax Free Investing Expert