Saving money 101

Self-made millionaires develop the habit of regular saving and investment from an
early age. As the multimillionaire W. Clement Stone once wrote, “If you cannot
save money, the seeds of greatness are not in you.”How to start saving moneyGeorge Classon, in his best seller, The Richest Man In Babylon, wrote that the key to financial success is to “pay yourself first.” He recommends that you save at least 10% of your income, off the top, before any other expenditure, for the entirety of your working life.

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The Wedge Theory: How does it work?

Yesterday I was having a good time with my friends and business partners. We were celebrating and having fun.

Meanwhile we were discussing different business issues. One of my friends asked us a question: how to start working on her financial freedom and start saving money when she does not have enough money to save?   The wedge theory - one of the ways to save money Here is how “Wedge Theory” works.

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