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Pay Yourself First, Reward Yourself Later By Bargaineering.com Bargaineering.com For Poorer Than You Poorer Than YouPoorer Than You.

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Presentation on theme: "Pay Yourself First, Reward Yourself Later By Bargaineering.com Bargaineering.com For Poorer Than You Poorer Than YouPoorer Than You."— Presentation transcript:

1 Pay Yourself First, Reward Yourself Later By Bargaineering.com Bargaineering.com For Poorer Than You Poorer Than YouPoorer Than You

2 Pay Yourself First It’s very important to pay yourself first and put even a little bit towards savings, because compound interest will reward you in the end. It’s very important to pay yourself first and put even a little bit towards savings, because compound interest will reward you in the end. In the following slides, you will see how far 40 years of savings, earning 8% a year, can get you. In the following slides, you will see how far 40 years of savings, earning 8% a year, can get you.

3 Saving $1 A Month Vacation in Hawaii ($3,500)

4 Saving $5 A Month Downpayment On A First Home ($17,500)

5 Saving $10 A Month Year Of Private University Tuition ($35,000)

6 Saving $50 A Month Start A Business In Retirement ($175,000)

7 Saving $100 A Month Lamborghini Murcielago ($350k)

8 Saving $200 A Month Ferrari Enzo ($680k) + $20,000

9 Saving $500 A Month Bugatti Veyron ($1.7M) + $45,000

10 Reward Yourself Later $50 / month = $1.64 / day = cup of coffee $50 / month = $1.64 / day = cup of coffee $200 / month = $6.56 / day = lunch $200 / month = $6.56 / day = lunch $500 / month = $16.44 / day = nice dinner $500 / month = $16.44 / day = nice dinner You don’t have to sacrifice everything, but small sacrifices can yield tremendous results! You don’t have to sacrifice everything, but small sacrifices can yield tremendous results!


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