Steady paychecks with automatic deductions are the easiest way to pay yourself first.
This is a breakdown of how much money we save out of each paycheck towards retirement. I have tried over the years to continue to live off of the same amount, raise to raise, and put the ‘new money’ into retirement/savings by keeping our net paydays about the same.
Here is our older retirement savings rates by date and amount;
If you want to check out how this all comes together, check out our Retirement Master Plan.
SEO is a bully and it makes you add unnecessary words to hit ‘minimum’ lengths to appease the search gods. Whatever.
Beware of little expenses. A small leak will sink a great ship. – Benjamin Franklin
Wealth consists not in having great possessions, but in having few wants. – Epictetus
All money is a matter of belief. – Adam Smith
The way to make money is to buy when blood is running in the streets. – John D. Rockefeller
Your net worth to the world is usually determined by what remains after your bad habits are subtracted from your good ones. – Benjamin Franklin
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. – Henry Ford