Saving money is a big deal. This is something poor people often don’t do.

There are many things that attract people to purchase. One of the disciplines in life is to put money aside and turn it into an investment in the future.

It can become the foundation for building a solid business.

Saving money is a good thing if you have the opportunity to do so.

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Second Set:
1. Intuition
2. Focus
3. Limiting beliefs
4. Entitlement
5. Following through on ideas Open to new ideas
6. Do the math
7. Saving money
8. Using credit cards
9. Spending money
10. Excuses – Gossiping and news
11. OPM

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#LouBrown #11ThingsPoorPeopleDoThattheRichAvoid

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Saving money is a big deal. And it’s something that poor people often don’t do. And it’s such an important thing. You know, there’s many things that attract us. There’s many things that we can purchase at a given time. And one of the disciplines of life is that, when you can save some money, put it aside, know that having that money can be invested and that investment can return an investment and income for the rest of your life. So saving money can really help. And it helps you to be able to pay for education, tools, training technology. Those are all things that are important to building a solid business. So saving money is a good thing when you’ve got the opportunity to do that. Now it’s not that hard. You simply take part of your money and you discipline yourself that that money is not even available.

So you tie to yourself at least 10% of any check that’s coming in, put it over into a savings account. Don’t even touch that money. Pretend the government took it from you like they do with withholding, right? They take it right out of your paycheck. You don’t even get to see it. They take it and then you have to apply to get it back. So this is much better when you’ve actually got the money set aside and you’ve got access to it when you can invest it. Not buy toys, when you can invest it, there’s always a time for the toys.