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A budget only works if it is simple enough to keep.
Split take-home income into three parts: about half for needs, about a third for wants, and at least a fifth for savings and paying off debt.
Try this today: Check last month: what share went to needs, wants and savings?
All Your Worth — Elizabeth Warren and Amelia Warren Tyagi (2005)
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The secret of growing money is not size. It is time.
Compounding rewards patience more than brilliance. Steady saving left alone for decades beats big returns that keep getting interrupted.
Try this today: Start or increase one small automatic monthly saving.
The Psychology of Money — Morgan Housel (2020)
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Saving what is left over usually means saving nothing.
Set aside a fixed part of every income before you spend anything — the classic rule is one tenth. Then live on the rest. The order matters more than the amount.
Try this today: Decide your pay-yourself-first percentage before your next income arrives.
The Richest Man in Babylon — George S. Clason (1926)
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