To pay yourself first means simply this: Before you pay your bills, before you buy groceries, before you do anything else, set aside a portion of your income to save. Put the money into your 401(k), your Roth IRA, or your savings account. The first bill you pay each month should be to yourself.
The book, The Automatic Millionaire by David Bach says "never leave savings to your own discipline, make it automatic".
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"A good man leaves an inheritance for his children's children..."
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