Pay Yourself First! | Series 6.2
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Description
We need our ship to actually sail us to where we want it to go; the thing is, ships aren't free! So the goal for today's episode then is for you to be inspired to see how much you're currently saving towards you, towards yourself and if needed or possible, increase it so you can be on a faster pace to reach those goals. (01:33) So how much should you pay yourself every month? "How much am I worth?" I'd say the minimum is 5% of your gross income. (02:39) So what this says is that 36% of your gross monthly income, so before taxes, can be used for items specifically to you. (03:40) Quote for the episode: "Pay towards you first, because you're important!" (06:14) Securities offered through TFS Securities, Inc., and Advisory Services through TFS Advisory Services, an SEC Registered Investment Advisor Member FINRA/SIPC. TFS Securities, Inc., is located at 437 Newman Springs Road, Lincroft, NJ 07738 (732) 758-9300.
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