Pay Yourself First, Reward Yourself Later

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Pay Yourself First, Reward Yourself Later

• By Bargaineering.com
• For Poorer Than You

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Pay Yourself First

• Its very important to pay yourself first and put
  even a little bit towards savings, because
  compound interest will reward you in the end.
• In the following slides, you will see how far 40
  years of savings, earning 8 a year, can get you.

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Saving 1 A Month

• Vacation in Hawaii (3,500)

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Saving 5 A Month

• Downpayment On A First Home (17,500)

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Saving 10 A Month

• Year Of Private University Tuition (35,000)

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Saving 50 A Month

• Start A Business In Retirement (175,000)

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Saving 100 A Month

• Lamborghini Murcielago (350k)

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Saving 200 A Month

• Ferrari Enzo (680k) 20,000

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Saving 500 A Month

• Bugatti Veyron (1.7M) 45,000

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Reward Yourself Later

• 50 / month 1.64 / day cup of coffee
• 200 / month 6.56 / day lunch
• 500 / month 16.44 / day nice dinner
• You dont have to sacrifice everything, but small
  sacrifices can yield tremendous results!