"Do not save what is left after spending, but spend what is left after saving."
WARREN BUFFET
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Similar ideas to WARREN BUFFET
Pay Yourself First
The fundamental principle of wealth-building is to pay yourself first. This means:
- Save at least 10% of all income before paying other expenses
- This portion is sacred and must be saved regardless of other demands
- The 10% is not for spending but for ...
Pay Yourself First
Prioritise your savings, not saving what is left after spending.
When budgeting, consider what is necessary to cover your basic needs, then figure out how much you want to save. The leftover is spending money. If it helps, think of your savings and investments as a monthl...
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