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Why the Rich Save FIRST (And You Should Too!) 💡

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Chaim Ekstein | Git Gelt Podcast avatar
Chaim Ekstein | Git Gelt Podcast

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one of the three pillars to accomplish Mega success that I speak in my book the key to your success is reverse budgeting which means that you should not just spend wherever your budget is and then whatever is left you save but just the opposite you save first and you spent whatever is left I have an acronym for that which I called wise w i wealth equals income minus your savings equals expense that's what you spent not not the other way around which spies poor people take their income and they subtract their expenses and whatever is left they safe and you know very very well what the problem is for most people that there's nothing left so let's be wise