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Pay Yourself First

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Everything to pay to others makes you their slave! The best book that I would strongly recommend is "The Richest Man in Babylon" by George S. Clason: Click on the image to access an audio reading of the book Here is a 7-minute summary: In essence, the following are the key points: Pay Yourself First Take Action  Wealth is not a Matter of Income  Act when the time is right   The POWER of Passive Income Pay Yourself First  First, take 10% from any income you obtain and place it in a separate bank account.  I recommend Capitec Bank Limited, as your bank costs are low and you can open 4 additional accounts that are linked to your main account.  Name it something like "Invest".  Then also take a further 10% and place it in another account that you call something like "Educate".  I also have two other sub-accounts, one called "Holiday" and the other "Emergency" or "Unplanned".  I save about R2000...