Pay Yourself First, Pay Yourself First, Reward Yourself Reward Yourself
LaterLater
By By Bargaineering.comBargaineering.com
For For Poorer Than YouPoorer Than You
Pay Yourself FirstPay Yourself First
It’s very important to pay yourself It’s very important to pay yourself first and put even a little bit towards first and put even a little bit towards savings, because compound interest savings, because compound interest will reward you in the end.will reward you in the end.
In the following slides, you will see In the following slides, you will see how far 40 years of savings, earning how far 40 years of savings, earning 8% a year, can get you.8% a year, can get you.
Saving $1 A MonthSaving $1 A Month
Vacation in Hawaii ($3,500)Vacation in Hawaii ($3,500)
Saving $5 A MonthSaving $5 A Month
Downpayment On A First Home ($17,500)Downpayment On A First Home ($17,500)
Saving $10 A MonthSaving $10 A Month
Year Of Private University Tuition ($35,000)Year Of Private University Tuition ($35,000)
Saving $50 A MonthSaving $50 A Month
Start A Business In Retirement ($175,000)Start A Business In Retirement ($175,000)
Saving $100 A MonthSaving $100 A Month
Lamborghini Murcielago ($350k)Lamborghini Murcielago ($350k)
Saving $200 A MonthSaving $200 A Month
Ferrari Enzo ($680k) + $20,000Ferrari Enzo ($680k) + $20,000
Saving $500 A MonthSaving $500 A Month
Bugatti Veyron ($1.7M) + $45,000Bugatti Veyron ($1.7M) + $45,000
Reward Yourself LaterReward Yourself Later
$50 / month = $1.64 / day = cup of $50 / month = $1.64 / day = cup of coffeecoffee
$200 / month = $6.56 / day = lunch$200 / month = $6.56 / day = lunch $500 / month = $16.44 / day = nice $500 / month = $16.44 / day = nice
dinnerdinner
You don’t have to sacrifice You don’t have to sacrifice everything, but small sacrifices everything, but small sacrifices can yield tremendous results!can yield tremendous results!
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