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Episode 12: The First Rule of Wealth
Most people have heard "pay yourself first" but almost everyone gets it wrong. In this episode, M.C. Laubscher explains the crucial difference between paying yourself last with scraps versus building a true wealth system.
Key Takeaways:
Paying yourself first means BEFORE taxes, expenses, and everything else
Where you pay yourself first matters more than how much
Why 401(k)s and IRAs aren't the best "pay yourself first" vehicles
The wealthy pay themselves into vehicles they control and can access
How to pay yourself on every transaction, not just once
Resources Mentioned:
Book: Get Wealthy for…
The skinny
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