50. The Law of Saving
Financial freedom comes to people who save 10 percent or more of their income throughout their lifetime.
One of the smartest things that you can ever do for yourself is to develop the habit of saving part of your salary, every single paycheck. Individuals, families, and even societies are stable and prosperous to the degree to which they have high savings rates. Savings today are what guarantee the security and the possibilities of tomorrow.
The first corollary of the Law of Saving comes from the book The Richest Man in Babylon by George Clason: Pay yourself first.
Begin today to save 10 percent of your income, off the top, and never touch it. This is your fund for long-term financial accumulation and you should never ...
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