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Ep.15- Saving Is A Mindset
Manage episode 363139548 series 3457924
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Saving money is not just about having a high income, it's also about developing the right mindset and discipline to pay yourself first. Instead of spending all of your money on things that you don't really need, set aside a portion of your income for savings. This could be as little as 10% of your income, or as much as you can afford.
By paying yourself first, you are making saving a priority in your budget. This means that you will have to make some sacrifices in order to save, such as cutting back on discretionary spending or finding ways to reduce your bills. But in the long run, the benefits of saving will far outweigh any short-term sacrifices you make.
It's important to remember that saving money is not just about putting money into a savings account. It's also about investing in your future and making smart financial decisions that will help you achieve your goals. This could mean investing in your education, starting a business, or building a diversified investment portfolio.
So if you want to become a successful saver, start by changing your mindset and making saving a priority in your life. With discipline and determination, you can achieve your financial goals and enjoy a more secure and fulfilling future.
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