Want to be in the top 5%? Start with 20%. 20% of your earnings, sock em away. If you can't afford it increase your income, but while you're doing the math account for another 20%, or lower your costs by 20%.
If you make 1K a check, sock away $200. Can't afford it? Make $240 more. Why $240? You need to sock away 20% of the extra 200 you just made. How? It's not hard a part time job will facilitate it. Don't have time for the part time? Cut your costs. Take the bus, trim your cell bill, take shorter showers. The list goes on.
Aim for 20% and you'll stack chips.
take your yearly income, x2 and drop a zero. That's what you'll save in a year.
If you make $30,000 you'll save $6000. That's enough to put $120,000 on your first house. That's power.
No comments:
Post a Comment