# Financial Education 101: Pay Yourself First. A part of all you earn is yours to keep. Start by answering the following : 1. How often do you pay your cell phone? 2. How often do you pay rent or mortgage? 3. How often do you pay grocery? 4. How often do you pay for your car or transport ? 5. HOW OFTEN DO YOU PAY YOURSELF? The last question seems like a strange one , most of us pay everyone else and there is nothing left for ourselves. Open a Financial Independent Account to pay yourself 30% of your salary income, 70% of your salary income to live on and have an orderly debt repayment programme. Dont incur another debt unless its a good debt (a debt you own but someone else pays for it and you get income )
Posted on: Mon, 17 Mar 2014 11:00:26 +0000
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