“Automate transference to a high interest savings account until you hit three to six months of emergency funds. In my case, ideally 12 months of income.”
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Said on Dev Raga Personal Finance
Tony Robbins Podcast Daily · Tony Robbins & Gary Vee: Creating a Money Machine | Tony Robbins
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Automate 20% of income into an investment account each month
20% of income
“Automate transference to a high interest savings account until you hit three to six months of emergency funds. In my case, ideally 12 months of income.”
“One account executive shared that automation's replaced about 20% of his old tasks, allowing him to talk 30% more customers in the same amount of time that he invested in his job before.”
“On the first of every month, $1,500 moves automatically from her transaction account into an investment account and buys the index fund.”
“‘Get 10 to 12 times your annual income, 15 to 20-year term… invest the difference.’”
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