5 Financial Tips to Master Before You're 30 - 2
- 29 Dec 2020
2. Don't Spend Your Whole Paycheck
One of the best books on financial wisdom ever written is The Richest Man in Babylon. It’s been around for almost a century. And one of its key lessons is the following: always save up 1/10 of your overall income.
This simple, yet practical trick magically sets people free from poverty and slavery in the book. Perhaps, you could also benefit from it, cutting some of the useless expenses and putting the saved cash in the piggy bank. Over time, you will accumulate a substantial sum.