How To Pay Yourself First : Rich Dad, Poor Dad by Robert T. Kiyosaki | WC21

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“In school we learn that mistakes are bad, and we are punished for making them. Yet, if you look at the way humans are designed to learn, we learn by making mistakes. We learn to walk by falling down. If we never fell down, we would never walk.”
― Robert T. Kiyosaki 🏆 Rich Dad, Poor Dad

Kiyosaki is the founder of Rich Global LLC and the Rich Dad Company, a private financial education company that provides personal finance and business education to people through books and videos.

Paying yourself first means that you invest the money that you earn before paying any bills or expenses. The goal of this strategy is to put your own financial needs on a pedestal, and not let them be trampled by everyone else's demands for attention.

It also ensures that if something happens to one of your sources of income – like an illness or injury-you'll still have funds available to help keep things going while you're recovering.

Paying yourself first can also mean making contributions towards retirement savings, health insurance premiums, or college education costs.

0:00 - Intro
0:10 - Money Mentality
4:48 - What Does Pay Yourself First Mean
5:58 - What is an example of pay yourself first

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