The average American family saves less than 10% of their take-home pay, according to this article from the Motley Fool.
That means we’re paying ourselves less than we tip our servers in restaurants! Think about that for a minute. We’re more generous with the person who brings us Thai food than we are with our future selves.
But it doesn’t have to be this way.
And since you’re here, you’re one of us.
Aim to Be Better than Average
What if, instead of spending darn near everything we earned, we started saving more?
What if we could save so much of our paychecks that we didn’t have to work in jobs we didn’t like anymore?
That’s what this course is all about.
Think You Can’t Save Half Your Income?
When I first heard about this crazy notion of saving 50% of my take-home pay, I felt the excuses piling up. “I don’t make enough money to save that much! I’m sure it’s easier for someone who brings home a lot of cash, but not me. Maybe someday.”
That was in 2012. I did the math and realized I hadn’t saved 50% of my income. I’d saved 47%, and my salary at the time was a mere $33,000. If I could do it, then I knew others could too.
I know you can.
We’ll go through the whys and wherefores and the mechanics in the lessons ahead.
Let’s do this!