6. Pay Yourself First
It takes a strong commitment to saving and investing to build a secure financial future. A plan to invest part of every paycheck is a good place to start. To make sure that you’re able to fulfill your plan:
PAY YOURSELF FIRST!
Some people plan to save or invest the money that they have left over at the end of the month. Of course the problem with this plan is that there is often nothing left at the end of the month.
A general rule of thumb is to save a minimum of 10 percent of your net (take home) income.