The number one big idea in my book, Understanding Money, is a tip that will change your life if you implement it successfully. I call this Van Cleave Rule Number Two.
The idea is this put 15% of ALL income, no matter what the source, aside from whatever you make. This means living on the other 85%.
You may dismiss this because it sounds so simple – but that would be a mistake. It works because it is simple.
Make this a RULE, not a plan. A rule is always done no matter what, whereas plans sometimes get set aside. You’re going to pretend that you you only have 85% to to live on.
To learn more, check out my YouTube Channel where I talk about these concepts in more detail.