How to Achieve Financial Freedom Using The Pay Yourself First Method | Ep. 6

Welcome to our latest podcast episode! In this insightful session, we dive into the essential concept of "pay yourself first" and how it can transform your financial future.

Have you ever wondered how some people seem to effortlessly build wealth while others struggle to make ends meet? It all comes down to priorities, and "pay yourself first" is the golden rule of wealth creation.

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Timestamps:

00:00 - Introduction

06:53 - Pay Yourself First

09:23 - Small plate theory analogy

13:04 - Discussion on choosing to be wealthy

26:22 - The "fun money account" concept.

30:27 - Percentage-based budgeting.

32:46 - Automation in financial management.

34:46 - The importance of automation in financial management.

38:46 - The topic of debt and its relationship to financial systems.

41:25 - The importance of scaling spending with income.

42:49 - Aligning spending with shared family values.

43:01 - The concept of weekly money dates.

45:00 - Outro