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The Best Advice Ever About Money

Wanna know the best advice ever you can get about money?

Here it is...

Let's say that you are getting regular monthly salary from work

and you are happy with it. Now, at the end of the month (and

most of the time, two days after you get your paychecks), you

wonder where all your money is gone.

You begin reasoning.

30% of it goes to house mortgage. 20% of it goes to car payment.

10% of it goes to credit card payment. 5% of it goes to utility

bills. etc, etc, etc...

"That should be fine. I've got all taken care of. Next month,

I'll get another paycheck and the same cycle goes on and on...

enough for me to survive the whole life."

Well, you gotta be careful now.

What happens if your car broke down? What happens if your

kitchen needed renovation after a heavy storm last night? What

happens if you suddenly forgot that you've overspent your credit

card? What happens if you fell sick?

Things could be worse, and now is the time that the cliche "Fix

your roof on a sunny day" is very much true to you.

You don't want this to happen to you, right?

There could be thousands of things that could go wrong in our

lives but unless we realize that we need to prepare for the

worse, we'll never get ahead of ourselves.

Sometimes, fixed salary could be a good thing for you because

you can plan with what you want to do with your money on a

predicatble basis. Though I strongly believe that you still need

a secondary income - preferably a recurring secondary income -

to improve your financial situation at any level.

And, the best plan to improving your financial situation is...

PAY YOURSELF FIRST.

That's right!

Regardless if you have $300,000 of house mortgage or a $100,000

savings in the bank, make it a habit to pay yourself right after

you get your monthly paychecks. This habit will definitely help.

Let's see...

You've been paying everybody you owe every month. You pay the

bills, the banks, the mechanics, the who knows who and you

actually get nothing, except settling the scores.

There's just another person that you forget to pay - that is YOU.

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Imagine yourself as a bill collector on yourself. No matter

what, you have to pay yourself at the beginning of every month

(I suggest 10% of your salary. The more is better) - or else you

cease to function as yourself.

Never fail to pay your SELF and only after you pay yourself,

then you pay the others.

Hard?

Yes, at first, but once you put the action of "Paying Yourself

First" into habit, you'll actually enjoy doing it, knowing that

you do good deeds to yourself.

Try it once. Then do it the second month. And then, another...

and another.

PAY YOURSELF FIRST because you deserve much more than the other

bill collectors.

About the author:

Zamri Nanyan models a low-cost, high-profit concept to build

successful internet businesses, as mentioned at

http://www.LowCost-HighProfit.com. He now owns and operates

several money-making websites from the comfort of his own house.

Read more about Zamri Nanyan at http://www.ZamriNanyan.com