I discuss four simple but powerful money rules that I have learned over time and that help me financially. Rule #1 is to get money through work, business, or other legal means. Rule #2 is to keep some of the money you earn instead of spending it all. Rule #3 is to pay yourself first – treat yourself like a bill by setting aside money just for you. Rule #4 is to use the money from Rule #3 to generate more income and get back to Rule #1.
I explain that many people know how to earn money but don’t know how to manage and grow it. Living a “sum zero life” where you spend everything you earn keeps you stuck. By following these four rules, you can enhance your financial life at any income level. They help me save money for the first time and continuously generate income.
These practical money rules are about participating in your financial destiny. Get money, keep money, pay yourself first, and use that money to earn more. I share these because they work for me, and I believe they can help anyone build financial stability and growth in their life.
Life