2969: How to Pay Yourself First AND Automate Your Finances by Ryan H Law on How to Build Wealth episode artwork

EPISODE · Dec 14, 2024 · 9 MIN

2969: How to Pay Yourself First AND Automate Your Finances by Ryan H Law on How to Build Wealth

from Optimal Finance Daily - Financial Independence and Money Advice · host Optimal Living Daily | Diania Merriam

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2969: Ryan H Law highlights the transformative power of "paying yourself first," a foundational personal finance principle. By automating savings through strategies like 401(k) contributions, Roth IRAs, or direct deposits into savings accounts, you can build long-term wealth effortlessly. This approach fosters discipline and prioritizes future financial security over impulsive spending. Read along with the original article(s) here: https://ryanhlaw.com/how-to-pay-yourself-first/ & https://ryanhlaw.com/automate-your-finances/ Quotes to ponder: "Poor people spend their money and save what’s left, while rich people save their money then spend what’s left." "A part of all I earn is mine to keep." "Paying yourself first is all about deploying the gap: maybe some goes to beefing up your emergency fund, and another portion gets thrown at debt." Episode references: Policygenius: https://www.policygenius.com The Richest Man in Babylon: https://www.amazon.com/Richest-Man-Babylon-George-Clason/dp/1505339111 Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode metadata supplied by the publisher feed · Published Dec 14, 2024

Embed this episode

Ready to play

2969: How to Pay Yourself First AND Automate Your Finances by Ryan H Law on How to Build Wealth

0:00 9:38

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of Optimal Finance Daily - Financial Independence and Money Advice?

This episode is 9 minutes long.

When was this Optimal Finance Daily - Financial Independence and Money Advice episode published?

This episode was published on December 14, 2024.

Can I download this Optimal Finance Daily - Financial Independence and Money Advice episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!