“I think budgeting is scarcity mindset. It's a poor person's mindset.” – Darin Persinger
Click here to download the transcript of this show MAR-119_transcript
Numbers never Lie:
88% of college grads have CC debt, before they even have a job
Main Topic:
Rich Habits 9: Savings
Book excerpt: Successful people pay themselves first. Before any bills get paid, successful people set aside 10% of their gross earnings into some savings, investments, or retirement vehicle.
Three tips:
1. Pay yourself first
2. Have a separate savings account for your big goal
3. Goals before budget
Show sponsor:
The Rich Habits book gives you the daily success habits of wealthy individuals. In it you’ll find out how the rich get so rich http://MakingAgentsRich.com/RichHabits
Links and other stuff mentioned in this show:
1. The three stages of financial freedom Financial Freedom
2. Rich Habits 1: Forming good daily habits RH1-Habits
3. Rich Habits 2: Setting Goals RH2-Goals
4. Rich Habits 3: Daily self improvement RH3-Improvement
5. Rich Habits 4: Being healthy RH4-Health
6. Rich Habits 5: Building better relationships RH5-Relationships
7. Rich Habits 6: Less is more RH6-Moderation
8. Rich Habits 7: Do Work RH7-DoWork
9. Rich Habits 8: Think Rich RH8-ThinkRich
