What Percentage Should You Pay Yourself First?

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Pay yourself first, we've always heard of it. Probably because it's the most important financial decision you'll ever make. In this video, Kris Krohn and Stephen Michael Miller tackle why you should pay yourself first, how to pay yourself first and what do you do with the amount you pay yourself with.

Watch and Enjoy!
Kris Krohn & Nate Woodbury

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Tobu - Infectious
Licensed under Creative Commons — Attribution 3.0 Unported— CC BY 3.0

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Video by Nate Woodbury (The Hero Maker)
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Pay yourself first and last. If there is anything left over at the end of the month, that goes to you too, put it away.

rollingthunder
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You have tips for investing in Europe also?

strijderreviews
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I pay myself the percentage that the government takes lol

joseaguirre
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I pay my self 40 % 20 % of that goes to investments

progresskid
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I have a question. How long should i pay my self 3-5% before i upgrade to 10 or 20%?

sleevenick
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This PYF method, is this including pre-tax 401k deductions or in addition to it? 🤔🤔

LoopWorthy
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Why did me and Steven say PREACH IT at the same time👌

Plagius
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50% if you wre running a small business?

loyalty_cham
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I pay my self around 30-40% from my take home pay. From that, i allocate around 80% to investing and 20% to pay my only debt i have (low interest student loan). Makes no sense to pay it all first currently because the student loan interest is so low (around 2%). I have avarage salary and have kept my standard of living quite simple.

johto
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So once I pay myself first where do I invest the money to accumulate the compound interest?

thematrix
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Thx for the vid, btw your intro never gets old I love it

olafhamelink
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How do I connect and ask questions about your real estate wealth program?

tomhood
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I do 20% (I would do more, but I'm making minimum wage for not married and dont have live with my dad in a 1 bedroom agreement is he pays rent and I return pay electric and his and my cellphone bill.

AZrakoon
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My fav channel of all time! Please can you guys answer personal questions about real estate?

galupproperties
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150 a month for 10 years at 10% interest is $30726, nowhere close to Maybe he forgot a digit?

lancekaminsky
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I do %20 and anything extra that comes along on top. works a treat.

grahamlangley
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How can I get 10%. interest on my savings? I checked pretax accounts but they don’t help.
I save 20% but don’t know how to grow compounding?

hetalip
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Pay urself to invest I thought to take to go out

byranttaylor
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Did you just read the richest man in Babylon?

zacharymcsweenmanickchand
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Hey I bought your book “limitless” a few weeks ago but haven’t receive yet. Can’t seem to find an email or number to let anyone know. Is YouTube comment the only way

benburroughs