“Pay yourself first” is not a suggestion. It is the #1 rule to achieve financial freedom. This rule is not based on your income, your level of education or your age. Failure to follow this rule will ensure you that you will not have sufficient assets to retire. Unfortunately, very few individuals or families ever implement this simple strategy into their personal and financial lives.
Why is this simple rule so difficult to implement in our lives? It is because; we live in a consumer driven world. Millions of people are unknowingly consuming their financial future by the lifestyle choices they are making every day. As a result of their personal debt and lifestyle choices, they are unable to save any of their hard earned money for themselves to their fund their retirement accounts, pay college tuition for their children or even fund a simple savings account.
This does not have to be your destiny or your financial future. It only takes one simple thing to take control of your personal finances – You! You are the key to your financial future. You have the ability to change and impact your financial future regardless of your age, income or education level. The question is “how bad do you want it?”
Have you ever stopped to spend some time thinking about your financial future? Where would you like to live? What would you do? How would you spend your time? Spend some time getting clear on capturing your vision and the goals for your future. Use this vision to keep you motivated and inspired to make the necessary financial changes to ensure you can pay yourself first every month. If you need help with this vision exercise click on the “Inspiration” tab and read the article, The Power of a Vision to Transform Your Life and Finances.
There are also a variety of articles under the “Personal Finance” tab and the “Debt Free Living’ tab that will give you ideas and insights on how to take control of your personal finances.
Don’t wait another day to take control of your financial future. Get started today.
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