
In order to reach finanical abundance, one must
1)Own a business
2)Invest
However not many people can own a business. So how do one generate cash to invest if they do not own a business and yet have little money?
The concept of paying yourself first is a powerful way to set aside money for investment. Most people will pay their bills first after they got their pay cheque. After paying their expenses, the balance will be their savings. Some do not even have any savings left.
You see, my money are stuck as a result of bad investments decision. There is possibility of not getting my money back.
Hence, I began to learn this menthod of compounding my money. Just Imagine saving $10 a day, I will save $300 a month and $3,600 in a year.
This is indeed a valuable lesson which is not highly regarded by people nowsaday.
So start paying yourself first!!
