Pay Yourself First

Achieving a goal does not happen magically. Unfortunately, to fulfill your financial goals and manifest your creative ideas, you must have monetary funds. In truth, unless you have the money to support your ideas, you will find it very difficult to move forward. If Mr. Honda did not have his savings, he would have not been able to invest in that workshop that pave way for his success. If Warren Buffet did not have enough money to invest in that company when he was just 12, he would not be where he is today. Therefore, in most cases, fulfilling goals and achieving financial prosperity requites having preexisting monetary reserves. For you to create t monetary reserve, you must begin paying yourself first.

Paying yourself first means you should start saving for your goals and preparing yourself for financial freedom. Many of us cannot work on our dream goals right away because we must fulfill other obligations to our family and household. However, if we save for our goals, we can slowly accumulate a descent reserve that will give us the opportunity to manifest our dreams and visions into our reality. In other words, we can use those savings to work on our million dollar ideas.

Additionally, savings also come in handy when troubling times come knocking. If our income flow stops or something disturbs it, we can resort to those savings as we look for another source of income. For instance, you may be working on your ultimate and passion filled goal right now, but if you do not save money, you may lose everything you have built if you encounter any financial issues. However, if you do start to save, you will have reserves you can use to support yourself at that time and you will have greater ease of mind while striving to achieve your goals. Whatever the scenario is, the truth is that paying yourself first is a great habit that can help you accomplish and reach your financial goals.