Save to invest, don't save to save

Read? How To Become A Millionaire By Age 30


Save to invest, don't save to save

 Uncle8888








 3. Save to invest, don't save to save. The only reason to save money is to invest it.  Put your saved money into secured, sacred (untouchable) accounts. Never use these accounts for anything, not even an emergency. This will force you to continue to follow step one (increase income). To this day, at least twice a year, I am broke because I always invest my surpluses into ventures I cannot access.



Exactly, why we need 4 bank accounts!

One bank account dedicated to our investment needs. 

You don't spend any money from this account until the day you have retired from your day job and NEED to depend on passive income.


Read? Two Bank Accounts? No, You may need Four! - (4)