Showing posts with label saving is important. Show all posts
Showing posts with label saving is important. Show all posts

Sunday, January 2, 2011

Investment Principle #1: Pay Yourself First

I open with a statement that most of us have heard--probably MANY TIMES...

Pay Yourself First

A lot of people ask me to teach them how to invest in the stock market.

The first I ask them is whether they pay themselves first.

Most people look at me like I'm crazy.

What does "paying myself first" have to do with investing?