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Kudos, you’ve made it to Day 2!

Today we’re taking the next step to improve your Savings Mindset.

 

To ditch a poverty mindset, it’s essential to immerse yourself in inspirational and positive financial information, and that’s exactly what you’re going to do today. I want you to read “The First Law of Gold” from one of my favorite financial books, The Richest Man in Babylon.

Each principle in this book by George Clason will completely change the way you view saving forever. The book is a quick read that will have you living a richer life before you know it!

 

Don’t worry. You’re not going to read the whole book today. I just want you to focus on, “The First Law of Gold”. It’s one paragraph; it’ll take you less than a minute. Afterward, reflect on “The First Law of Gold” and think about how you’ll apply it to your life. Then share how you will use it to foster a savings mindset with your accountability partners and in the comments below.

You can get a free PDF of The Richest Man in Babylon HERE.

 

Again, after you’re finished reading, don’t forget to share what you’ve learned today with me in the comments, and with your accountability partners.

 

You can find me here:

Twitter: @thebudgetnista

Instagram: @thebudgetnista

Facebook: The Budgetnista

Forum: Savings Challenge Private Community  (if you’re not already a member.)

Live richer,

Tiffany “The Budgetnista”

 

A Freebie: Have you saved and printed the Live Richer Starter Kit yet? It’s full of awesome freebies. Click the picture to get your kit.

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Link not working? Go here: https://thebudgetnista.com/wp-content/uploads/2023/07/LRC-Savings-Edition-Starter-Kit.pdf

Want to work through the Live Richer Challenge: Savings Edition in a workbook? Click the link below and get your copy.

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https://www.amazon.com/Live-Richer-Challenge-Savings-Learn/dp/1522838791/ref=as_sl_pc_qf_sp_asin_til?tag=thebudge0a-20&linkCode=w00&linkId=6GUPETDNXEPNZ7WW&creativeASIN=1522838791

NEW YORK TIMES, WALL STREET JOURNAL, AND USA TODAY BESTSELLER

A ten-step plan for finding peace, safety, and harmony with your money—no matter how big or small your goals and no matter how rocky the market might be—by the inspiring and savvy “Budgetnista.” (click the image)

 

 

PREORDER MADE WHOLE NOW: The ultimate hands-on workbook for anyone looking to get their finances in order—from budgeting to investing and everything in between—by Tiffany “The Budgetnista” Aliche, the New York Times bestselling author of the smash hit Get Good with Money (Click The Image Below)

 


  • I should at least put aside 1/10 of my earnings consistently & cheerfully, for me & my family future. Investing the right way, it increases as Gold does, when one follows the advice of the right people {wise people}

  • I have Made Whole and started the work in this great book and have shared it with several people at work so they will get their own. I know at least 1 person has already made the purchase

  • Powerful! The First Law of Gold. I am now committed to investing in me, by happily and consistently saving at least 1/10 of my earnings.

  • There’s a lot of things we need to invest in ourselves – finances included! I wish I had learned this law sooner. Thank you for this.

  • My takeaway from The First Rule of Gold is to save 1/10th of your income. That will be my goal after I pay off my credit card debt. Right now, I can’t afford that much.

  • While you labor you should avoid spending foolishly because a fool and his money shall part. If you consistently save at least 10% of your income it will grow, and money attract money. if you know how to invest your money can work for you. If I can get good advice on saving and investing maybe one day I could be rich also.

  • I just read the First Law of Gold, and it reminded me to ALWAYS pay myself first. I got off track a bit, but I made sure I paid myself first today.Thanks for the reminder.

  • I remember when I had my siblings & i started our 1st jobs my dad used to make us deposit 20% of our checks in the bank. If you didn’t, you put 100% in the next check. I wish I had kept this up as an adult, I need to get back to this. 10% though, I have alot more responsibilities now than as a kid living at home.

  • I read this book every January and each time I find something new. I will put 10% a month into a high yield savings account.

  • I lean that I should put a bit of my earnings away and invest wisely. If done regularly it will accumulate and it like precious gold

  • These laws makes me think of when I give gold or money at what cost is it being given? I need to be more purposeful in how not only I acquire gold but how I save it.

  • When I first saw the one-tenth it reminded of the bible, stating that your tithe must be one-tenth as well. I never calculated but I have seen how fast the churches in my country build themselves with the money collected. If I had faith in myself like that, I would love to see the results.

  • “To earn wealth is but a slight burden upon the
    thoughtful man. Bearing the burden consistently
    from year to year accomplishes the final purpose”.
    While reading the 5 laws of Gold I realize I always behave like money is a burden for me.

  • I’m so confused. I feel like I only had access to three of the laws and I’m not really sure I understood the three. Here’s what I think they were:
    1. Save 10%
    2.Gold is a willing worker.
    3. Invest wisely.

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