Answering the question, “How much should I save?” is one of those adulting questions that people answer all kinds of different ways.
It’s also one of those questions where sometimes… er, perhaps most of the time… what’s become conventional financial knowledge isn’t Grandma’s true, time-tested wisdom.
Most people take their income subtract their expenses and save what’s left.
But what if you flipped that formula on its head?
Income – Expenses = Saving
Income – Saving = Expenses
In the video we explain why flipping the script might be the most transformational thing you can do with your money, especially when we go through hard times like pandemics.
We also share how to start no matter how little you’re saving right now and how to build your saving muscle and become a saving superhero.
See what we did there? A superhero saves… 😉 🦸♀️
Save your own day and start saving right away! [cue the superhero music in your head]
- More wisdom on this topic with this podcast episode: “Build a Financial Pyramid that Lasts.”
- Here’s a link to the book we quote in the video: The Richest Man in Babylon by George S. Clason.
We’d love to hear from you. Use the link below the video to comment on YouTube or click “Request a Meeting” in the menu bar to schedule a chat.