The best plan is to live on half of your income.
When you give your children an allowance, teach them to use half and save the other half. If they keep with this pattern, they will be prepared for the shock of taxes, insurance, retirement savings, etc.
If only I had listened to Dad back in the day! I always considered things temporary, and planned to "follow the rules" once I was in a more secure situations. Big mistake! Start it with allowances and earnings as a child and never stop.
Then second plan is to spend less. The third is to earn more!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment