Pay Yourself First (The Financial Series) | #46 | podcast | superb diamond range
Release Date: 05/24/2020
Superb Diamond Range Podcast
#53 Disclaimer: We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart...
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#52 Disclaimer: We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart...
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#51 * This is not phone advice please seek professional advice from a salesperson at your local O2, Vodafone or EE store. Although I personally use GiffGaff Pay As You Go. My previous phone usage. The good old days. People are addicted. Gaining your time back. Being happier. Scheduling time on the computer. Try to live 7 days without smartphone to start. Music: Sappheiros - Fragments https://youtu.be/z_BjjubkdBo (Much Respect) Inspiration: Vishuddha Das https://youtu.be/GczvaLz-cCA (Great Video)
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#50 Disclaimer: We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart...
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#49 Disclaimer: We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to...
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#48 Disclaimer: We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to...
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#47 Disclaimer: We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to...
info_outlineSuperb Diamond Range Podcast
#46 Disclaimer: We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to...
info_outlineSuperb Diamond Range Podcast
#45 Disclaimer: We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to...
info_outlineSuperb Diamond Range Podcast
#44 Disclaimer: We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always...
info_outline#46
Disclaimer:
We are not financial advisors. The content on this podcast and YouTube videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research!
Pay Yourself First!!!
How I first heard of the concept
Allocate a percentage of your wages say 5% or 10% or more
Put your name on the bill column
Do it before the bills
Move to a separate account
Can be accessible or locked away in a pension
Direct debit or standing order
Automatic payments
The advantage of the earlier you start the better due to magic of compounding
Helps with budgeting, how little can I live on this month?
Automation creates momentum and momentum is key
Importance of taking care of yourself first
Always save before you spend, money left in your account if you're like me you'll find a way to spend it.
Be mindful if you owe high interest credit cards or other types consumer debt
Honourable mentions:
Julio De Laffitte
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City Boys R Us
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Book: The Richest Man in Babylon by George S Clason
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