23. Pay yourself first

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For 100 days, I'm going to publish a plus-minus hundred-word post a day on Steemit. These 100 posts will be the insights, routines, and habits of living a better life.

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You probably be thinking:

I know I know.

The old (poor) man’s advice again: work hard, spend less, save money. So you can be rich. No one wants to listen to that.

Get off!

That’s one of the biggest reasons why there is only a very few percent of the human population are rich.

Let alone babies who born rich, and people who are bound to their environment, 75% of us are living in a decent, normal, environment with a decent to good monthly paycheck—that at least satisfy your basic living needs with a little bit of extra on the side.

The key is not how much you make, it's how you manage your finances.

Never penny-pinching on expenses you should invest in.

Instead, take a closer look on your budget and remove that unnecessary want-to that only satisfies your instant gratification without real purpose and future benefits.

Here's are two things everyone should do:

1. Save a part of the income for an emergency.
2. Save a part of the income to invest—in business, in the market, and in oneself.

The best quote I learned about money is this:

When you bought a TV (or anything else that you don’t need) for $750 while its original price was $1,000, you didn’t save $250, you just spent $750.

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Footnotes

I write longer articles about strategic thinking and performance improvement on DeanYeong.com. You can download my book about hacking your habits here.