Young Achievers Podcast

The Third-Third-Third Rule

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Today on the Young Achievers Podcast, Caiden talks about the third-third-third rule. Ever heard of it yet?

If you haven’t, discover why this is the best budgeting rule that you’ll need in your life! This tool can quickly help you on how to manage your finances.  You just have to remember the 3 key pieces of this rule: savings, self-investment, and wants. Caiden cannot emphasise more on how important it is to invest in yourself. You have to target to improve every day, so you continue doing what you love doing (i.e. growing your business.)

KEY TAKEAWAYS

  • The third-third-third rule is an excellent tool on how to manage your money and this how you break down your money when it comes in:
    • 1/3 of it goes to savings
    • 1/3 of it goes to self-investments
    • 1/3 of it goes to expenditures
    • Invest in yourself by taking classes, listening to podcasts, going to the gym or getting a life coach. Through these, you improve your skillset, grow your knowledge, and nurture your soul.
    • Always have savings. In everything that you do, there will be risks. Remember that there are two sides to a coin. You can either get your desired outcome or not.
    • Treat yourself! Get a relaxing massage. Hang out with your friends. Sometimes, you have to take time off from the hustle to get your mind and body re-energized.

      • BEST MOMENTS

      • “You may not think that investing in yourself is a good thing, but trust me, it’s one of the best things.”
      • “There is pretty much a course out there for every single thing in the planet.”
      • “Savings is very important since you can’t ever rely on the money that is coming in.”

        • ABOUT THE HOST

        Caiden Santineer is an inspiring young entrepreneur, sharing ideas and experiences to help you achieve your goals and dreams, however young you are. Caiden Santineer is an Author and YouTuber interviewing high net-worth individuals and business owners bringing you their tips to success.  

        CONTACT METHOD

        • Caiden Santineer Instagram
        • Caiden Santineer - YouTube Channel
        • Caiden Santineer - Twitter

          • This show was brought to you by Progressive Media

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          Young Achievers PodcastBy Young Achievers