Comments on: Book Review: The Automatic Millionaire http://www.realmofprosperity.com/2010/03/book-review-the-automatic-millionaire/ Tue, 02 Aug 2011 23:54:33 +0000 hourly 1 http://wordpress.org/?v=3.2 By: The Rat http://www.realmofprosperity.com/2010/03/book-review-the-automatic-millionaire/comment-page-1/#comment-1390 The Rat Wed, 10 Mar 2010 04:26:52 +0000 http://www.realmofprosperity.com/?p=1528#comment-1390 I think the pay yourself first concept, despite it being discussed for quite some time in PF circles, is something that is timeless and that every aspiring young person should embrace as he/she travels the path to financial freedom. Poking money away (such as 15% of you bi-weekly pay for example) before spending is a great way to promote a frugal lifestyle and budget one's funds on a regular basis. Regarding the Latte factor, lately, I've been going to McDonald's for coffee b/c they have a promotion right now that its free for a two week period. After that, I tend to perk my coffee at home. When I am away from home, I tend to buy coffee from a company that I have shares in. That way, I'm investing in myself, and hopefully i'll see some of that back in the form of dividends or share growth! Nice post! I think the pay yourself first concept, despite it being discussed for quite some time in PF circles, is something that is timeless and that every aspiring young person should embrace as he/she travels the path to financial freedom. Poking money away (such as 15% of you bi-weekly pay for example) before spending is a great way to promote a frugal lifestyle and budget one’s funds on a regular basis.

Regarding the Latte factor, lately, I’ve been going to McDonald’s for coffee b/c they have a promotion right now that its free for a two week period. After that, I tend to perk my coffee at home. When I am away from home, I tend to buy coffee from a company that I have shares in. That way, I’m investing in myself, and hopefully i’ll see some of that back in the form of dividends or share growth!

Nice post!

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